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Hoya Corporation reports the following amounts: Assets = $18,000; Liabilities = $3,000; Stockholders' equity = $15,000; Dividends = $3,000; Revenues = $17,000; and Expenses =

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Hoya Corporation reports the following amounts: Assets = $18,000; Liabilities = $3,000; Stockholders' equity = $15,000; Dividends = $3,000; Revenues = $17,000; and Expenses = $12,000. What amount is reported for net income? Net income For each of the following accounts, indicate whether the account is shown in the income statement or the balance she Financial Statement Show All Items Accounts 1. Accounts receivable 2. Deferred revenue 3. Supplies expense 4. Salaries payable 5. Depreciation expense 6. Service revenue Below are the purposes to investors of the four primary financial statements. Select the Financial statement from the dropdown, which fulfils the purpose Financial Statements a b. Purposes Provides measures of resources and claims to those resources at the end of the year. Provides an indication of the company's ability to make a profit during the current year. Provides a measure of net increases and decreases in cash for the current year. d. Shows changes in owners' claims to resources for the current year. C

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