The accountants for Mastermind, Inc. are preparing the Income Statement, however they have not yet...
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The accountants for Mastermind, Inc. are preparing the Income Statement, however they have not yet finished the task. Below is the partially completed statement. Review of the Statement of Stockholders' Equity also indicates that the beginning and ending balances of Stockholders' Equity are \$104 and \$180, respectively. During the year, Mastermind issued $10 of common stock and declared $11 of dividends. What amount should Mastermind show on its income statement for Salaries Expense? Please enter your answer as a whole number without a dollar sign (e.g., 100)
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The accountants for Mastermind, Inc. are preparing the Income Statement, however they have not yet finished the task. Below is the partially completed statement. Review of the Statement of Stockholders' Equity also indicates that the beginning and ending balances of Stockholders' Equity are \$104 and \$180, respectively. During the year, Mastermind issued $10 of common stock and declared $11 of dividends. What amount should Mastermind show on its income statement for Salaries Expense? Please enter your answer as a whole number without a dollar sign (e.g., 100) 