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  3. 2. income statement: lankston company began the ye

2. Income Statement: Lankston Company began the year by issuing $60,000 of common stock for...

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Accounting

2. Income Statement: Lankston Company began the year by issuing $60,000 of common stock for cash. The company recorded revenues of $550,000, expenses of $480,000, and paid dividends of $30,000. What was Lankston

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