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Daisy Blue opened a medical practice named MEDs, Inc. MEDs completed the following transactions during its first month: 1) Daisy invested $100 cash to start

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Daisy Blue opened a medical practice named MEDs, Inc. MEDs completed the following transactions during its first month: 1) Daisy invested $100 cash to start her medical practice. The business issued common stock to Daisy. 2) Purchased medical supplies on account totaling $15. 3) Paid monthly office rent of $35. 4) Received $95 cash for services rendered to patients. What is MED's net income for the first month

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