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Monty Corp. decided to issue common stock and used the $395,000 proceeds to redeem all...

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Accounting

Monty Corp. decided to issue common stock and used the $395,000 proceeds to redeem all of its outstanding bonds on January 1,2022. The following information is available for the company for 2022 and 2021.
\table[[,2022,2021],[Net income,$190,000,$152,000
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