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Company X reported the following transactions: 1. A company purchased a truck with a $200 loan. 2. The company reported $44 of depreciation expense for

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Company X reported the following transactions: 1. A company purchased a truck with a $200 loan. 2. The company reported $44 of depreciation expense for the equipment during the year. 3. The company reported interest expense of $19 related to the loan. The interest will be paid next year. What is the net effect of these transactions on the company's income? (use a positive number for a net increase and a negative number for a net decrease)

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