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Dream Hotel LTD provides lodging service in Hanoi. In 2019, they generated $720,000 in service revenue. Their total cost (fixed and variable) per client was

Dream Hotel LTD provides lodging service in Hanoi. In 2019, they generated $720,000 in service revenue. Their total cost (fixed and variable) per client was $2,500 and they served 115 clients during the year. If operating expenses for the year were $302,000, what was their net income? Construct the Income Statement for Year Ended 2019.

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