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Elston Company compiled the following financial information as of December 31, 2017: Service revenue $870,000 Common stock 180,000 Equipment 240,000 Operating expenses 770,000 Cash 240,000

Elston Company compiled the following financial information as of December 31, 2017: Service revenue $870,000 Common stock 180,000 Equipment 240,000 Operating expenses 770,000 Cash 240,000 Dividends 60,000 Supplies 30,000 Accounts payable 140,000 Accounts receivable 300,000 Retained earnings, 1/1/17 450,000

1) What is Elstons 2017 net income, retained earnings, total assets

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