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The following information was taken from the records of Hart Corporation for the current yearended December 31.Advertising expense $20,000Income tax expense 13,000Accounts payable 13,450Dividends paid

The following information was taken from the records of Hart Corporation for the current yearended December 31.Advertising expense $20,000Income tax expense 13,000Accounts payable 13,450Dividends paid 15,000Retained earnings (Jan 1) 57,860Consulting fees revenue 100,000Rent expense 11,700Supplies expense 16,900

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