Question: Presented here is information for Cullumber Inc. for 2025. Retained earnings, January 1 $195,000 Service revenue 600,000 Total expenses 262,500 Dividends 97,500 (a1) Your

Presented here is information for Cullumber Inc. for 2025. Retained earnings, January 1 $195,000 Service revenue 600,000 Total expenses 262,500 Dividends 97,500 (a1) Your

Presented here is information for Cullumber Inc. for 2025. Retained earnings, January 1 $195,000 Service revenue 600,000 Total expenses 262,500 Dividends 97,500 (a1) Your answer is correct. Calculate the net income. Net income $ 337500

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