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At the end of its first month of operations, a company reported Revenue of $44,200. It also reported Wages Expense, $8,400; Rent Expense, $7,400; and
At the end of its first month of operations, a company reported Revenue of $44,200. It also reported Wages Expense, $8,400; Rent Expense, $7,400; and Utilities Expense, $2,200. Calculate net income reported on the income statement at month-end
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