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Sheffield Corp. began the year by issuing $79000 of common stock for cash. The company recorded revenues of $760000, expenses of $661000, and paid dividends
Sheffield Corp. began the year by issuing $79000 of common stock for cash. The company recorded revenues of $760000, expenses of $661000, and paid dividends of $45000. What was Sheffield net income for the year? $99000 $133000 $178000 $54000
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