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Your Company's balance sheet reported $95,000 of common stock and retained earnings of $30,000 on...

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Accounting

Your Company's balance sheet reported $95,000 of common stock and retained earnings of $30,000 on January 1, 2019. Retained Earnings on the December 31, 2019 balance sheet was $100,000 and the company paid a $15,000 dividend during the year. How much was net income for 2019?

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