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Following is the balance sheet of Gibson Company for Year 3: The average number of common stock shares outstanding during Year 3 was 870 shares.

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Following is the balance sheet of Gibson Company for Year 3: The average number of common stock shares outstanding during Year 3 was 870 shares. Net income for the year was $14,100. Required Compute each of the following: Note: Round your answers to 2 decimal places

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