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Answer the below question. Tax rate 21% Estimated taxes paid during the year 1,000 Accounts payable 27,400 Accounts receivable 8,600 Accumulated depreciation (21,800) Additional paid-in-capital

Answer the below question.

Tax rate21%
Estimated taxes paid during the year1,000
Accounts payable27,400
Accounts receivable8,600
Accumulated depreciation(21,800)
Additional paid-in-capital39,900
Beginning retained earnings28,400
Cash15,000
Common stock18,800
Cost of goods sold33,000
Depreciation expense13,000
Dividends delcared2,800
Equipment199,200
Inventory3,000
Notes payable69,300
Salary expense24,000
Sales94,000
Taxes payable???


Given the above information, what is net income?

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