At the beginning of Year 2, Oak Consulting had the following normal...
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Accounting
At the beginning of Year Oak Consulting had the following normal balances in its accounts: Account Balance Cash $ Accounts receivable Accounts payable Common stock Retained earnings The following events apply to Oak Consulting for Year : Provided $ of services on account. Incurred $ of operating expenses on account. Collected $ of accounts receivable. Paid $ cash for salaries expense. Paid $ cash as a partial payment on accounts payable. Paid a $ cash dividend to the stockholders.
What is the amount of NET INCOME for the year??
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