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Acme Company is a merchandising company. During the current year, the net cash provided by operating activities is $ 8 6 , 0 0 0

Acme Company is a merchandising company. During the current year, the net cash provided

by operating activities is $

86, 000 .

Here are data regarding selected balance sheet accounts:

During the year, Acme recognized a loss on the sale of equipment of $

4, 000

and the credits

to its accumulated depreciation totaled $

23, 400 .

What is Acme's net income for the year?

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