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Multiple Choice Question 121 Blue Spruce Corp. began the year with retained earnings of $121000. During 2022, the company issued $78500 of common stock for cash. The company recorded revenues of $749000, expenses of $672000, and paid dividends of $45000. What was Blue's net income for the year 2022? $110500 $77000 $155500 $32000

          Multiple Choice Question 121
Blue Spruce Corp. began the year with retained earnings of $121000. During 2022, the company issued $78500 of common stock for cash. The company recorded revenues of $749000, expenses of $672000, and paid dividends of $45000. What was Blue's net income for the year 2022?
$110500
$77000
$155500
$32000

Multiple Choice Question 121
Blue Spruce Corp. began the year with retained earnings of 121000. During 2022, the company issued78500 of common stock for cash. The company recorded revenues of 749000, expenses of672000, and paid dividends of 45000. What was Blue's net income for the year 2022?110500
77000155500
32000

Added by Drew G.

Horngren’s Cost Accounting

Srikant M. Datar, Madhav V. Rajan 16th Edition

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UTCple Choice Question 121 Blue Spruce Corp. began the year with retained earnings of $121,000. During 2022, the company issued $78,500 of common stock for cash. The company recorded revenues of $749,000, expenses of $672,000, and paid dividends of $45,000. What was Blue's net income for the year 2022? $110,500 $77,000 $155,500 $32,000 Click you would like to Show Work for this question Open Show Work