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Baxtor Company provides consulting services Selected transactions of Baxtor Company are described as follows: a) Received $10,800 cash from the owner, Joe Jones, as capital

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Baxtor Company provides consulting services Selected transactions of Baxtor Company are described as follows: a) Received $10,800 cash from the owner, Joe Jones, as capital b) Paid $2.600 cash for computer equipment for office use. c) Borrowed $12,000 from a local bank and deposited the money in the checking account. d) Paid $1,800 rent for the month. e) Paid $200 cash for office supplies to be used next year. f) Completed a consulting project for a local business and received $5,800 cash. Calculate the net income. A. $3,800 OB. $4,000 OC. $1,200 OD. $1,800 21 20 m 20 pm Click to select your answer 5/20 pm cho Homework B-Graded

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