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What is the NET INCOME o. On January 1, 2014, Kirk and Hanson Ltd. had a debit balance of $74,530 in retained earnings. During the

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What is the NET INCOME

o. On January 1, 2014, Kirk and Hanson Ltd. had a debit balance of $74,530 in retained earnings. During the year, the firm paid cash dividends of $4,320 and had an ending credit balance in retained earnings of $12,380. Which of the following is true

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