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The total assets and the total liabilities of a business at the beginning and at...

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Accounting

The total assets and the total liabilities of a business at the beginning and at the end of the year appear below. During the year $9,000 of cash dividends were paid and $5,000 of additional stock was issued.
Beginning of year
End of year
The amount of net income or loss for the year was
$8,000 net income
$23,000 loss
$23,000 net income
$8,000 loss
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