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Fat Crane's Service Shop started the year with total assets of $ 331000 and total liabilities of $ 247000. During the year, the business recorded
Fat Crane's Service Shop started the year with total assets of $ 331000 and total liabilities of $ 247000. During the year, the business recorded $ 648000 in revenues $ 423000 in expenses, and paid dividends of $59000. The net income reported by Fat Crane's Service Shop for the year was O $ 284000 O $ 247000. O $ 166000 $225000
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