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Business, 23.02.2022 06:00 faithandchris2101732

Stosch Company's balance sheet reported assets of $112,000, liabilities of $29,000 and common stock of $26,000 as of December 31, Year 1. Retained Earnings on the December 31, Year 2 balance sheet is $74,000 and Stosch paid a $28,000 dividend during Year 2. What is the amount of net income for Year 2

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Stosch Company's balance sheet reported assets of $112,000, liabilities of $29,000 and common stock...
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