Buddy Grooming provides grooming services in the local community. In November, Isaac Smith, the owner, incurred the following operating costs to groom 690 dogs:

Buddy Grooming earned \($15,600\) in revenues from grooming for the month of November.
Requirements
1. What is Buddy’s net operating income for November?
2. What is the cost to groom one dog?

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Wages..... Grooming supplies expense Building rent expense Utilities.... Depreciation on equipment $ 4,300 1,700 1,400 260 150