Business
Business, 10.03.2020 07:39, epicriderexe

The owner's equity in a business amounted to $52,000 at the beginning of the year and $100,000 at the end of the year. The owner had made no additional investments and had withdrawn $19,000 during the year. The net income for the year amounted to .

A. $81,000
B. $67,000
C. $48,000
D. $171,000

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Answers: 3

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