During 2003, Safe Lite Corporation had revenues of $180,000 and expenses, including income taxes, of $100,000 On December 31, 2002, Safe Lite had assets of $400,000, liabilities of $100,000, and capi...

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During 2003, Safe Lite Corporation had revenues of $180,000 and expenses, including income taxes, of $100,000 On December 31, 2002, Safe Lite had assets of $400,000, liabilities of $100,000, and capital stock of $250,000 Safe Lite paid a cash dividend of $40,000 in 2003 No additional stock was issu...

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During 2003, Safe Lite Corporation had revenues of $180,000 and expenses, including income taxes, of $100,000. On

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Financial Accounting