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Calculate the Net income for the year equals

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Question - During the year, A Salt & Buttery, Inc., had revenue of $90,000 of which $16,000 was collected from customers. It also had expenses of $29,000 of which $3,000 was paid. The owners were paid $20,000 in dividends. Calculate the Net income for the year equals?

Reference no: EM132643254

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