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ES Multiple Choice Question 121 Skysong, Inc. began the year by Issuing $79500 of common stock for cash. The company recorded revenues of $748000, expenses

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ES Multiple Choice Question 121 Skysong, Inc. began the year by Issuing $79500 of common stock for cash. The company recorded revenues of $748000, expenses of $637000, and paid dividends of $36000. What was Skysong net income for the year? $154500 $190500 $111000 $75000

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