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Required information [ The following information applies to the questions displayed below. ] Dyer, Incorporated, completed its first year of operations on December 3 1

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[The following information applies to the questions displayed below.]
Dyer, Incorporated, completed its first year of operations on December 31,2021. Because this is the end of the annual accounting period, the company bookkeeper prepared the following preliminary income statement:
\table[[Income Statement, 2021],[Rent Revenue,$110,000
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