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Presented below is information related to Wood Company. Required: Compute Net income. Beginning stockholders' equity $20,700 Ending stockholders' equity 34,400 Issuance of stock 6,400 Net

Presented below is information related to Wood Company.

Required:

Compute Net income.

Beginning stockholders' equity	$20,700
Ending stockholders' equity	34,400
Issuance of stock	6,400
Net income
Dividends	2,100

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