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What was Kingbirds net income for the year

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Question - Kingbird, Inc. began the year by issuing $100000 of common stock for cash. The company recorded revenues of $1144000, expenses of $970000, and paid dividends of $73000. What was Kingbird's net income for the year?

a. $101000

b. $274000

c. $201000

d. $174000

Reference no: EM132520999

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