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Business, 25.11.2019 23:31 aesthetickait

Kennedy company issued stock to ed kennedy in exchange for his investment of $75,000 cash in the business. the company recorded revenues of $555,000, expenses of $420,000, and had paid dividends of $30,000. what was kennedy's net income for the year? a. $105,000.b. $135,000.c. $165,000.d. $180,000.

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