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PLEASE answer correctly (part B, as i already answered thefirst part ) Calculate the net income for the year. Net incomePrepare a classified statement of

PLEASE answer correctly (part B, as i already answered thefirst part ) Calculate the net income for the year. Net incomePrepare a classified statement of financial position. Assume that \( \$ 14,600 \) of the bank loan payable will be paid in 2026. (ListThese i 1 answer

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