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Business, 21.01.2020 21:31 thomascoop85

Kilgore company experienced the following events during its first accounting period.(1) issued common stock for $5,000 cash.(2) earned $3,000 of cash revenue.(3) paid $4,000 cash to purchase land.(4) paid cash dividends amounting to $400.(5) paid $2,200 of cash expenses. based on this information the amount of net income is

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