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The following selected information is from Princeton Company's comparative balance sheets. 2017 2016 At December 31 Common stock, $10 par value Paid-in capital in excess
The following selected information is from Princeton Company's comparative balance sheets. 2017 2016 At December 31 Common stock, $10 par value Paid-in capital in excess of par Retained earnings $137,000 130,000 597,000 357,000 343,500 317,500 The company's net income for the year ended December 31, 2017, was $63,000
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