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Net income $ 1 0 , 9 2 0 Dividends $ 2 , 5 1 7 Addition to retained earnings 8 , 4 0 3

Net income $

10, 920

Dividends $

2, 517

Addition to retained earnings

8, 403

The balance sheet for the Heir Jordan Corporation follows.

HEIR JORDAN CORPORATION

Balance Sheet

Assets Liabilities and Owners

Equity

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