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For the month of June, Toms Wear received $6,000 in contributed capital, $3,000 in sales revenue, paid $2,000 in expenses, and $500 in dividends. Its
For the month of June, Toms Wear received $6,000 in contributed capital, $3,000 in sales revenue, paid $2,000 in expenses, and $500 in dividends. Its net income was:
$9,000.
$7,000.
$1,000.
$500.
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