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An analysis of the transactions made by Sunland & Co., a certified public accounting firm, for the month of August is shown as follows. The

An analysis of the transactions made by Sunland & Co., a certified public accounting firm, for the month of August is shown as follows. The expenses were $600 for rent, $4,100 for salaries and wages, and $510 for utilities. What is the Net increase in owner's equity? Compute the amount of net income for the month.

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