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Exam 1 Question 8 of 14 < Current Attempt in Progress -/6 E Use the following information to calculate for the year ended December
Exam 1 Question 8 of 14 < Current Attempt in Progress -/6 E Use the following information to calculate for the year ended December 31, 2022 (a) net income, (b) ending retained earnings, and (c) total assets. Supplies $3,000 Revenues $25,000 Operating expenses 12,000 Cash 15,000 Accounts payable 9,000 Dividends 1,000 Accounts receivable 3,000 Notes payable 1,000 Beginning retained earnings 5,000 Equipment 6,000 (a) Net income (b) Ending retained earnings (c) Total assets $ $ 10 $ C A Ad Q Ac Q MU Qu Acc
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