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QUESTION

Assets, Beginning of Period12,000 Liabilities, Beginning of Period5,000 Assets, End of Period23,000 Liabilities, End of Period9,000 Investment by

Assets, Beginning of Period      12,000

Liabilities, Beginning of Period     5,000

Assets, End of Period                   23,000

Liabilities, End of Period               9,000

Investment by Owner                   10,000

Revenues                                      99,000

Withdrawals by Owner                         0

Solve for the expenses incurred during the period.

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