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Metlock, Inc. began the year with retained earnings of $109000. During 2022, the company issued $78000 of common stock for cash. The company recorded
Metlock, Inc. began the year with retained earnings of $109000. During 2022, the company issued $78000 of common stock for cash. The company recorded revenues of $752000, expenses of $674000, and paid dividends of $42000. What was Metlock's net income for the year 2022? O $36000 O $114000 O $156000 O $78000
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