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Presented below are changes in all the account balances of Sunland Furniture Co. during the...

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Accounting

Presented below are changes in all the account balances of Sunland Furniture Co. during the current year, except for retained earnings.
Compute the net income for the current year, assuming that there were no entries in the Retained Earnings account except for net
income and a dividend declaration of $24,020 which was paid in the current year.
Net income ,$
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