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Question 3 (0.5 points) Catrina Corporation took out a new insurance policy on their recently build offices. The policy cost 150,000 and covered 24 months,
Question 3 (0.5 points) Catrina Corporation took out a new insurance policy on their recently build offices. The policy cost 150,000 and covered 24 months, from Jan 1, 20X1 to the end of 20X2. When Catrina prepares its income statement for the year ended 20X1, what amount will be shown as insurance expense? Enter your response as a whole number, no commas, no dollar signs. Your Answer: Answer Question 4 (0.5 points) Bennett Inc. has assets of $82,000 and liabilities of $37,000. If contributed capital is $24,000, what is retained earnings? Enter your response as a whole number, no commas, no dollar sign. Your
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