Presented below is certain information pertaining to Wildhorse Company. Compute the net income...
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Accounting
Presented below is certain information pertaining to Wildhorse Company.
Compute the net income for the year.
Assets, January 1 $254,300 Assets, December 31 234,900 Liabilities, January 1 151,300 Common stock, December 31 86,000 Retained earnings, December 31 40,000 Common stock sold during the year 11,400 Dividends declared during the year 13,700
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