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Multiple Choice Question 122 Lankston Company began the year by issuing $120000 of common stock for cash. The company recorded revenues of $1100000, expenses of

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Multiple Choice Question 122 Lankston Company began the year by issuing $120000 of common stock for cash. The company recorded revenues of $1100000, expenses of $96000, and paid dividends of $60000. What was Lankston's net income for the year? O $260000 O $140000 O $200000 O $80000 LINK TO TEXT Question Attempts: 0 of 3 used SAVE FOR LATER SUBMIT ANSWE

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