Business
Business, 07.10.2019 19:00, 9Time

As of the end of its accounting period, december 31, year 1, great plains company has assets of $940,000 and liabilities of $300,000. during year 2, stockholders invested an additional $73,000 and received $33,000 in dividends from the business. what is the amount of net income during year 2, assuming that as of december 31, year 2, assets were $995,000 and liabilities were $270,000?

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As of the end of its accounting period, december 31, year 1, great plains company has assets of $940...

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