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On June 1, Royal Corp began operating a service company with an initial cash investment by shareholders of $3, 515,000 The company provided $6, 900

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On June 1, Royal Corp began operating a service company with an initial cash investment by shareholders of $3, 515,000 The company provided $6, 900 000 of services in June and received fun payment in July Royal also incited expenses of $2, 387,000 in June that were paid in August During June. Royal paid its shareholders cash dividends of $556,000 What was the company's income before income taxes for the two months ended July 31 under the following methods of accounting? $4, 513,000 $8, 028,000 $6, 900,000 $6, 900.000 $4, 513,000 $3, 957,000 $4, 513,000 $3, 957.000

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