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Presented below is information related to Bailey Company. Required: How much did Bailey Company have in revenues for the year? Assets, January 1 $

Presented below is information related to Bailey Company. Required: How much did Bailey Company have in revenues for the year? Assets, January 1 $ 71,000 Liabilities, January 1 47,000 Assets, December 31 92,000 Liabilities, December 31 56,000 Issuance of stock 8,800 Revenues Expenses Dividends 7,400 4,900

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