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The Balance Sheet of Jay Corporation showed the following beginning and ending balances for November 20x15: Total Assets Total Liabilities Balance, November 1 $27061 $14522

The Balance Sheet of Jay Corporation showed the following beginning and ending balances for November 20x15: Total Assets Total Liabilities Balance, November 1 $27061 $14522 Balance November 30 $44218 $16813 Jay Corp. issued $5342 in common stock and no dividends were declared during the month of November. How much was net income for the month?

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