Woiking backward: Bovidends on the Statement of Cash Flows Seantan Corp. bogonioperedond on January 1,...
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Woiking backward: Bovidends on the Statement of Cash Flows Seantan Corp. bogonioperedond on January 1, 2016. The statement of cash flows for the first yoar reported dividends paid of st 60 , ooo. The batartce sheet at the eng of the first year regorted 540,000 in dividends payable and 5560,000 in ending retained earnings. Determine stintoris net income for its first:year of operations
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