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Marigold Corp. decided to issue common stock and used the $398,000 proceeds to redeem all...

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Accounting

Marigold Corp. decided to issue common stock and used the $398,000 proceeds to redeem all of its outstanding bonds on January 1,2025. The following information is available for the company for 2025 and 2024.
\table[[,2025,2024],[Net income,$184,640,$146,380
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