Required information [The following information applies to the questions displayed below.] The stockholders'...

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Accounting

Required information
[The following information applies to the questions displayed below.]
The stockholders' equity section of Ironworks is presented here.
Based on the stockholders' equity section of Ironworks, answer the following questions.
If retained earnings at the beginning of the period was $242,000,000 and $22,000,000 was paid in dividends during the year, what
was the net income for the year?
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