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If equity at the beginning of the period is $35,000 and at the end of the period is $56,000 and $20,000 is withdrawn by the

  1. If equity at the beginning of the period is $35,000 and at the end of the period is $56,000 and $20,000 is withdrawn by the owner during the period, calculate profit.
  2. $41,000
  3. $1,000
  4. $21,000
  5. $76,000

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