Camera shop ince started the year with total assets 80000

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Camera shop ince. started the year with total assets $80,000 and total liabilities of $40,000. during the year, the business earned revenues of $120,000 and incurred expenses of $70,000. Scott paid dividends of $60,000. What is the amount of scott camera shop inc net income for the year?

Reference no: EM13609937

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