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The net income of Thomas Company was $75,000 for this year. The beginning balance for capital was $30,000 and the ending balance was $73,000. The

The net income of Thomas Company was $75,000 for this year. The beginning balance for capital was $30,000 and the ending balance was $73,000. The company had no additional capital investments during the year. What was the amount of withdrawals during the year?

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