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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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