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The following pre-closing accounts and balances were drawn from the records of Carolina Company on December 31, Year 1 : What is the amount of

The following pre-closing accounts and balances were drawn from the records of Carolina Company on December 31, Year 1 : What is the amount of net income that will be reported on the Year 1 income statement? Mutiple Choice $2,000 $1,150 5850 $650

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