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  1. business
  2. accounting
  3. additional information: 1 - net income for 2022 wa

Additional information: 1 - Net income for 2022 was $195,300. 2. Depreciation expense was $71,400...

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Accounting

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Additional information: 1 - Net income for 2022 was $195,300. 2. Depreciation expense was $71,400 3. Cash dividends of $81,900 were declared and paid. 4. Bonds payable amounting to $105,000 were redeemed for cash $105,000. 5. Commonstock was issued for $88,200 cash. 6. No equipment was sold during 2022 7. Land was sold for its book value Additional information: 1 - Net income for 2022 was $195,300. 2. Depreciation expense was $71,400 3. Cash dividends of $81,900 were declared and paid. 4. Bonds payable amounting to $105,000 were redeemed for cash $105,000. 5. Commonstock was issued for $88,200 cash. 6. No equipment was sold during 2022 7. Land was sold for its book value

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