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what is the answer The Sun and Snow Shop Ltd. started the year with total assets of $60,000 and total liabilities of $40,000. During the

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The Sun and Snow Shop Ltd. started the year with total assets of $60,000 and total liabilities of $40,000. During the year the business recorded $100,000 in car repair revenues, $65,000 in expenses, and dividends of $10,000. The net income reported by The Sun and Snow Shop Ltd. for the year is

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