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XYZ Inc. had sales of $550,000 and expenses of $460,000. The owners were paid $4,000 in dividends. Net income for the year equals begin{tabular}{|} $90,000

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XYZ Inc. had sales of $550,000 and expenses of $460,000. The owners were paid $4,000 in dividends. Net income for the year equals \begin{tabular}{|} $90,000 \\ $420,000 \\ $86,000 \\ $550,000 \end{tabular}

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