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A company had the following transactions during the month of January: Sales revenue of $10,000 Cost of goods sold of $6,000 Rent expense of $1,500

A company had the following transactions during the month of January:

  • Sales revenue of $10,000
  • Cost of goods sold of $6,000
  • Rent expense of $1,500
  • Salaries expense of $2,000
  • Depreciation expense of $500
  • Interest expense of $100

Calculate the company's net income for the month of January.

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