Calculate net income from following information pertaining t

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Calculate net income from following information pertaining to Edson Company

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Calculate net income from following information pertaining to Edson Company.

Assets, January 1	$240,000
Assets, December 31	230,000
Liabilities, January 1	150,000
Share capital, December 31	80,000
Retained earnings, December 31	31,000
Ordinary shares sold during the year	10,000
Dividends declared during the year	13,000

Compute the net income for the year.

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Calculate net income from following information pertaining to Edson Company

Accounting

Option 1

Low Cost Option

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4.87 USD

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Option 2

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