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Here's the question: Primer Consultants had the Following balance sheet amounts at the beginning of the year: Totalassets $ 400,000 Total liabilities $ 150,000 During

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Primer Consultants had the Following balance sheet amounts at the beginning of the year: Totalassets $ 400,000 Total liabilities $ 150,000 During the year, total assets decreased by $70,000 and total liabilities increased by $10,000. Primer also declared and paid $15,000 in dividends. How much is the net income for the year? Q $30,000 0 ($95,000) 0 {$65,000} 0 ($105,000)

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