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i need solution of question 1 and question 6 . QUESTION 1 The balance sheet for Sparky Company at December 31, 2017 indicated that total
i need solution of question 1 and question 6 .
QUESTION 1 The balance sheet for Sparky Company at December 31, 2017 indicated that total assets were $35,000 and total liabilities were $12,800. At December 31,2018 total assets had increased to $76,000 and total liabilities were $34,000. During 2018, Sparky issued $15,000 in new common stock and paid a $10,000 dividend. Given this information, determine Net Income for the year ended December 31, 2018 (ignore taxes): *When recording your answer do not use any symbols like dollar signs $ or commas. Example: if your answer is $7,500, you would enter it as 7500. Use this format for all fill in the blank responses 37000Step by Step Solution
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