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The financial statements of Calloway Company prepared at the end of the current year contained the following elements and corresponding amounts: Assets - $38,000: Llabilities
The financial statements of Calloway Company prepared at the end of the current year contained the following elements and corresponding amounts: Assets - $38,000: Llabilities = 7: Common Stock 56,800; Revenue $14,600Dividends $1,650: Beginning Retained Earnings - $4,650; Ending Retained Earnings - $8,800. Based on this information, what was the amount of expenses reported on Calloway's income statement for the current year? Multiple Choice O $8.800 O $17000 $10.450 MacBook Pro 12: : : .K M
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