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A firm has the following accounts: Net patient revenue = $1,500,000 Supply expense = $200,000 Depreciation expense = $100,000 Salaries and benefits = $700,000 Other

A firm has the following accounts:

Net patient revenue = $1,500,000

Supply expense = $200,000

Depreciation expense = $100,000

Salaries and benefits = $700,000

Other expenses = $200,000

Net accounts receivable = $150,000

What is the net income for the period?

$150,000 $50,000 $500,000 $850,000

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