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Paragon Company Income Statements For the Years Ended December 31 Line Item Description 20Y7 20Y6 Increase/(Decrease) Amount Increase/( Decrease) Percent Fees earned $1,372,000 $1,150,000 $ fill in the blank 2 fill in the blank 3% Expenses (1,028,000) (920, 000) fill in the blank 4 fill in the blank 5% Net income $344, 000 $230,000 $ fill in the blank 6 fill in the blank 7%

Paragon Company Income Statements For the Years Ended December 31 Line Item Description 20Y7 20Y6 Increase/(Decrease) Amount Increase/( Decrease) Percent Fees earned $1,372,000 $1,150,000 $ fill in the blank 2 fill in the blank 3% Expenses (1,028,000) (920, 000) fill in the blank 4 fill in the blank 5% Net income $344, 000 $230,000 $ fill in the blank 6 fill in the blank 7%

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Paragon Company Income Statements For the Years Ended December 31 Line Item Description 20Y7 20Y6 Increase/(Decrease) Amount Increase/( Decrease) Percent Fees earned $1,372,000 $1,150,000 $ fill in the blank 2 fill in the blank 3% Expenses (1,028,000) (920, 000) fill in the blank 4 fill in the blank 5% Net income $344, 000 $230,000 $ fill in the blank 6 fill in the blank 7%
Transcribed Image Text:Paragon Company Income Statements For the Years Ended December 31 Line Item Description 20Y7 20Y6 Increase/(Decrease) Amount Increase/( Decrease) Percent Fees earned $1,372,000 $1,150,000 $ fill in the blank 2 fill in the blank 3% Expenses (1,028,000) (920, 000) fill in the blank 4 fill in the blank 5% Net income $344, 000 $230,000 $ fill in the blank 6 fill in the blank 7%
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