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Barr Company reports the following information for August Cost of goods manufactured equaled $115,000: Finished Goods beginning inventory equaled $12.000: Finished Goods ending inventory

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Barr Company reports the following information for August Cost of goods manufactured equaled $115,000: Finished Goods beginning inventory equaled $12.000: Finished Goods ending inventory equaled $10.000: Operating Experses equaled $18,000: and Revenues equaled $160,000 Determine the net income for August,

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