If revenue was $45,000, expenses were $37,500. and the owner's withdrawals were $10,000, the amount of net
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If revenue was $45,000, expenses were $37,500. and the owner's withdrawals were $10,000, the amount of net income or net loss would be: LO9 A. $45,000 net income. C. $37,500 net loss.
B. $7,500 net income. D. $2,500 net loss.
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