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The beginning balance of owner's equity for Edwards Corporation was $30,000 and the net income of the corporation was $75,000 for the year. How much

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The beginning balance of owner's equity for Edwards Corporation was $30,000 and the net income of the corporation was $75,000 for the year. How much would the owner need to withdrawal (distribute) if they wanted ending owner's equity to be $70,000? O $35,000 $112,000 O $75,000 O Cannot determine, not enough information given

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