What was the 20x1 net income for sproghe company


In 20x7 Sproghe company produced a net income of $1,860,000. In a trend analysis based on 20x1 figures, the 20x7 net income resulted in an index number of 163.2. What was the 20x1 net income for Sproghe Company?

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Accounting Basics: What was the 20x1 net income for sproghe company
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