What is net income for the year

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Question

Conner Company started the year with common stock of $35,000 and paid in capital in excess of par of $70,000. There were no new stock issuances during the year. It had retained earnings of $25,000 at the beginning of the year. It had revenue of $65,000 and expenses of $25,000. It paid dividends of $6,000

A) What is net income for the year? $

B) What was the ending balance in retained earnings? $

C) What is the total equity at the end of the year? $

Reference no: EM132316445

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