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The income statement of a corporation for the month of November indicates a net income of $ 9 0 , 0 0 0 . During

The income statement of a corporation for the month of November indicates a net income of $90,000. During the same period , $100,000 in cash dividends were paid . Would it be correct to say that the business incurred a net loss of $10,000 during the month ? Discuss .

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