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If beginning capital was $170,000, ending capital is $99,000, and the owner's withdrawals were $18,000, the amount of net income or net loss was: A.net
If beginning capital was $170,000, ending capital is $99,000, and the owner's withdrawals were $18,000, the amount of net income or net loss was:
A.net income of
$71,000.
B.net loss of
$71,000.
C.net loss of
$53,000.
D.net income of
$53,000.
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