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Business, 20.12.2019 02:31 dontap3037

Gcullumber cosmetics acquired 13% of the 282,000 shares of common stock of elite fashion at a total cost of $14 per share on march 18, 2020. on june 30, elite declared and paid a $73,000 dividend. on december 31, elite reported net income of $238,840 for the year. at december 31, the market price of elite fashion was $16 per share.

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