Assume beginning assets of $60,000, ending assets of $80,000, a $10,000 decrease in liabilities, and ending stockholders’ equity of $45,000.
Assume beginning assets of $60,000, ending assets of $80,000, a
$10,000 decrease in liabilities, and ending stockholders’ equity of $45,000. If dividends were twice the capital stock issuances of $20,000, how much was net income for the period?
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