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Business, 23.10.2019 15:50 nnaomii

The statement of stockholders' equity for jutras corporation shows an increase in the common stock account of $8,000, an increase in additional paid-in capital--common in the amount of $22,000, and an increase in retained earnings of $50,000. if the stock has a par value of $3 and dividends of $10,000 were declared and paid during the year, what is the amount of net income for the year?

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