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The following information came from a recent balance sheet of Toyota cars Co.: End of year Assets Liabilities $2,200,000 Owners' Equity $4,700,000 Beginning of year

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The following information came from a recent balance sheet of Toyota cars Co.: End of year Assets Liabilities $2,200,000 Owners' Equity $4,700,000 Beginning of year Assets $6,000,000 Liabilities $5,300,000 Owners' Equity Required: a. Determine the missing amounts in the balance sheet at the end & beginning of the year. b. If the company did not declare any dividends, determine its net income or loss for the year

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