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Using the following table and the equations underlying each or the io balance, ( b ) that net income is properly calculated, ( c )

Using the following table and the equations underlying each or the io

balance,

(b)

that net income is properly calculated,

(c)

what caused changes in the retained earnings account, and

(d)

what caused

changes in the cash account.

(

Cash outflows should be indicated with a minus sign.

)

.

Assets

=

Liabilities

+

Stockholders' Equity

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