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In the statement of stockholders' equity, Retained Earnings had a beginning balance of $25,000. During the period, the company declared dividend of $4,000. The ending
In the statement of stockholders' equity, Retained Earnings had a beginning balance of $25,000. During the period, the company declared dividend of $4,000. The ending balance in the Retained Earnings account is 31,000. How much was net income?
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