What is the net income when stock was issued

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Reference no: EM13256752

Use the following data for Question:

TotalAssets Total Stockholders Equity

Beginning of theyear $ 50,000 $10,000

End of theyear $125,000 $30,000

What is the net income assuming that $15,000 of dividends were paidand $$20,000 of stock was issued (ignore taxes)?

Reference no: EM13256752

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