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Nelson Company experience the following transactions during your won its first year in operation. Issued...

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Accounting

Nelson Company experience the following transactions during your won its first year in operation. Issued $6,600 of common stock to stockholders provided $2,900 of services on account paid $1,750 cash for operating expenses collected $2,200 of cash from accounts receivable paid a $130 cash dividends to stockholders, what is the net income that will be reported for year one

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