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Hey Corporation started operations this month and had the following transactions: Owners invested $30,000 to start the company Purchased $2,200 of supplies Bought $3,000 of
Hey Corporation started operations this month and had the following transactions:
- Owners invested $30,000 to start the company
- Purchased $2,200 of supplies
- Bought $3,000 of equipment on account
- Received $6,800 for services rendered
- Paid wages of $4,400
- Paid dividends of $100
If the company had $1,300 of supplies at the end of the month, what was the company's net income for the month?
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