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How much net income was recorded

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Question - If a company had a beginning balance of $69,000 on its statement of changes in owner's equity, the owner had drawings of $15,000 and the ending balance was $76,000, how much net income was recorded?

a. $61,000

b. $91,000

c. $22,000

d. $76,000

Reference no: EM132547066

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