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Fat Crane's Service Shop started the year with total assets of $324000 and total liabilities of $232000. During the year, the business recorded $639000
Fat Crane's Service Shop started the year with total assets of $324000 and total liabilities of $232000. During the year, the business recorded $639000 in revenues, $431000 in expenses, and paid dividends of $60400. The net income reported by Fat Crane's Service Shop for the year was O$268400. O$232000. O $208000. O$147600.
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