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Ivan's, Incorporated, paid $498 in dividends and $594 in interest this past year. Common stock increased by $204 and retained earnings decreased by $130. What

Ivan's, Incorporated, paid \$498 in dividends and $594 in interest this past year. Common stock increased by $204 and retained earnings decreased by $130. What is the net income for the year? Multiple Choice $368 $498 $798 $962

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