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The financial statements of Sheridan Ltd. includes the following items at December 31, 2027. Calculate net income and the ending balance of retained earnings at

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The financial statements of Sheridan Ltd. includes the following items at December 31, 2027. Calculate net income and the ending balance of retained earnings at December 31, 2027. It is not necessary to prepare a formal income statement or retained earnings statement. Net income $ Retained earnings $

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