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Based on the info provided, how would you calculate the annual net income? Annual Activities: Service Income $50,000 Accounts Receivable $2,000 Advertising Expense $1,000 License
Based on the info provided, how would you calculate the annual net income?
Annual Activities:
Service Income $50,000
Accounts Receivable $2,000
Advertising Expense $1,000
License Expense $500
Supplies Expense $5,000
Telephone Expense $3,000
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