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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

image text in transcribedimage text in transcribed 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 $ eTextbook and Media List of Accounts Attempts: 0 of 3 used

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