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Robbin had no stock transactions in 2010, and thus, the change in stockholders' equity for 2010 was due to net income and dividends. If dividends were $55,000, how much was Robbin's net income for 2010? 12/31/10 Total Assets: $770,000. Total Liabilities: 320,000 12/31/09 Total Assets: $56,000. Total Liabilities: 23,000
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