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Posted: July 27th, 2024
Presented below are certain account balances of Paczki Products Co.
Presented below are certain account balances of Paczki Products Co.Rent revenue$7,190Sales discounts$8,110Interest expense13,290Selling expenses99,690Beginning retained earnings114,670Sales revenue400,860Ending retained earnings134,130Income tax expense27,730Dividend revenue71,970Cost of goods sold185,350Sales returns and allowances12,450Administrative expenses83,320Allocation to noncontrolling interest19,716From the foregoing, compute the following:(a)Total net revenue$(b)Net income$(c)Dividends declared$(d)Income attributable to controlling stockholders$
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