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Following are several items from Arbor Companys financial statements. Use this information to calculate the amounts for the questions that follow. Cost of goods sold

Following are several items from Arbor Companys financial statements. Use this information to calculate the amounts for the questions that follow.

Cost of goods sold $2,400

Sales revenue 8,600

Operating expenses 500

Income taxes 600

Dividends 400

Accounts receivable 800

QUESTION: Calculate the dollar amount of net income.

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