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The changes in account balances for Elder Company for 2024 are as follows: Assuming the only changes in retained earnings in 2024 were for net

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The changes in account balances for Elder Company for 2024 are as follows: Assuming the only changes in retained earnings in 2024 were for net income and a $58,000 dividend, what was net income for 2024? Multiple Choice $126,000 $68,000 $94,000 $129,000

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