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Question 22 8 pts River Corporation had the following beginning balances: $120,000 40,000 Cash Accounts Receivable Supplies Accounts Payable Common Stock Retained Earnings 25,000 20,000

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Question 22 8 pts River Corporation had the following beginning balances: $120,000 40,000 Cash Accounts Receivable Supplies Accounts Payable Common Stock Retained Earnings 25,000 20,000 50,000 115,000 If ending assets for River Corporation were $280,000, net income for the year was $75,000, dividends paid were $20,000, and no additional stock was issued, what was ending liabilities for River Corneration Chart menu

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