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Larkspur Limited is a private corporation reporting under ASPE. At December 31, 2024, its general ledger contained the following summary data: Additional information: 1. In

Larkspur Limited is a private corporation reporting under ASPE. At December 31, 2024, its general ledger contained the following summary data: Additional information: 1. In 2024, common share dividends of $26,500 were declared on June 30 and December 31 . The dividends were paid on July 8,2024 , and January 8,2025 , respectively. 2. The company's income tax rate is 20%

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