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George Bailey's capital at the beginning of the year was $14,000. At the end of the year his assets were $62,000 and his liabilities were

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George Bailey's capital at the beginning of the year was $14,000. At the end of the year his assets were $62,000 and his liabilities were $39,000. His drawings for the year amounted to $6,000. His profit for the year was A. $15,000 B. $3,000 C. $9,000 D. $17,000

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