Question: Jackson company started operation on 1/1/A with assets = $60 and liabilities = $20. During the year, additional investments by owners = $5, dividends declared

Jackson company started operation on 1/1/A with assets = $60 and liabilities = $20. During the year, additional investments by owners = $5, dividends declared = $20 and dividends paid = $15. At 12/31/A, assets = $140 and liabilities = $54. What is net income

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