What is the net income if: Assets, January 1 $254,100 Assets December 31 $232,800 Liabilities, January 1
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Question:
What is the net income if:
Assets, January 1 $254,100
Assets December 31 $232,800
Liabilities, January 1 $144,100
Common stock, December 31 $82,000
Retained Earnings, December 31 $41,200
Common stock sold during the year $11,500.
Dividends declared during the year $13,100
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