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What was net income for the year

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Question - At the beginning of the year, Company ABC reported total liabilities of 356,30. At the end of year, the company reported total liabilities of $ 394,400. Total assets at the end of the year were $67,000 larger than at the beginning of the year. Assuming that during the year the company (a) did not issue any additional stock, (b) did not purchase any Treasury Stock, and (c) declared and paid an $8,500 dividend. What was net income (loss) for the year?

Reference no: EM132573045

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