The occurrence that most likely would have no effect on 2007 net income is the
a. sale in 2007 of an office building contributed by a stockholder in 1961.
b. collection in 2007 of a dividend from an investment.
c. correction of an error in the financial statements of a prior period discovered subsequent to their issuance.
d. stock purchased in 1993 deemed worthless in 2007.
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