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The following is information for a corporation at the beginning and the end of its annual accounting period. The corporation did NOT declare or pay
The following is information for a corporation at the beginning and the end of its annual accounting period. The corporation did NOT declare or pay dividends during Year4. Balances at 1/1/Year4: Total Assets Total Liabilities Contributed Capital Retained Earnings 185900 48300 41200 Balances at 12/31/Year4: Total Assets Total Liabilities Contributed Capital Retained Earnings 231900 61000 150800 Complete the missing items in the table above. Then answer the following: What was the corporation's net income or loss for Year4? How much did shareholders contribute for stock during Year4?
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