Question: Nash's Trading Post, LLC started the year with total assets of $205000 and total liabilities of $115000. During the year, the business recorded $325000 in

Nash's Trading Post, LLC started the year with total assets of $205000 and total liabilities of $115000. During the year, the business recorded $325000 in revenues, $150000 in expenses, and dividends of $50000. The net income reported by Nash's Trading Post, LLC for the year was $175000. $115000. C $155000. C $125000

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