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Oriole Company issued stock to Ed Oriole in exchange for his investment of $75200 cash in the business. The company recorded revenues of $555100,

Oriole Company issued stock to Ed Oriole in exchange for his investment of $75200 cash in the business. The company recorded revenues of $555100, expenses of $432000, and had paid dividends of $29300. What was Oriole's net income for the year? $152400. $123100. $104500. $169000.

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