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Skysong, Inc. started the year with total assets of $310000 and total liabilities of $250000. During the year the business recorded $633000 in revenues, $334000

Skysong, Inc. started the year with total assets of $310000 and total liabilities of $250000. During the year the business recorded $633000 in revenues, $334000 in expenses, and dividends of $56000. The net income reported by Skysong, Inc. for the year was $569000. $299000. $179000. $243000

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