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Beewell's Net Income for the Year Ended December 31, Year

Question 32

Multiple Choice

Beewell's net income for the year ended December 31, Year 2 was $185,000. Information from Beewell's comparative balance sheets is given below. Compute the cash received from the sale of its ordinary shares during Year 2. Beewell's net income for the year ended December 31, Year 2 was $185,000. Information from Beewell's comparative balance sheets is given below. Compute the cash received from the sale of its ordinary shares during Year 2. A) $185,000. B) $106,000. C) $95,000. D) $50,000. E) $145,000.


A) $185,000.
B) $106,000.
C) $95,000.
D) $50,000.
E) $145,000.

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