Murray Sporting Goods began business on January 1, 2007, with capital stock of $15,000. At December 31, 2007, assets amounted to $25,000 and liabilities were $6,000. Revenue from services during the year amounted to $30,000 and dividends were $8,000. The expenses of Murray Sporting Goods for 2007 amounted to:a) $10,000b) $18,000c) $26,000d) $19,000e) Some other amount.

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Answer willing to share costs and risks of product development

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