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X Company plans to prepare annual financial statements. After the company's first year of operation, the following financial statement information is available: Balance Sheet Total
X Company plans to prepare annual financial statements. After the company's first year of operation, the following financial statement information is available:
Balance Sheet | |
Total assets | $15,791 |
Total liabilities | 8,621 |
Total Paid-In Capital | 4,496 |
Income Statement | |
Total revenue | $20,333 |
What were total expenses for the year?
A: $12,239 | B: $13,830 | C: $15,627 | D: $17,659 | E: $19,955 | F: $22,549 | G: $25,480 | H: $28,793 |
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