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Rainbow Ltd , reported $ 3 5 4 , 6 8 0 net income for the year ended December 3 1 , 2 0 2
Rainbow Ltd reported $ net income for the year ended December X and declared and paid preferred dividends of $ on December X The following changes in common shares outstanding occurred during X:
Jan common shares were outstanding
June Issued common shares
Sept Declared and issued a common share dividend
Nov Repurchased and retired common shares
Please solve this question easily properly with all steps and calculations I have my final tomorrow Will really appreciate
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