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During 2009, Bascom Bakery Inc. paid out $21,750 of common dividends. It ended the year with $187,500 of retained earnings versus the prior year's retained earnings of $132,250. How much net income did the firm earn during the year?
Pintle Hook
A hinged hook used for towing that allows the connection between a trailer and a towing vehicle, known for its durability and use in heavy-duty applications.
Upper Coupler Kingpin
The Upper Coupler Kingpin is a key component in the connection between a semi-trailer and the tractor, serving as a pivot point around which the trailer turns.
Kingpin Plug
A component designed to fit into the kingpin of a trailer, protecting it and keeping it clean when the trailer is not hooked to a tractor.
Satisfactory Condition
A state in which an item or system is deemed acceptable and meets the predefined standards or expectations.
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