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Luna Company accepted credit cards in payment for $6,550 of services performed during July 2018. The credit card company charged Luna a 2.30 percent service
Luna Company accepted credit cards in payment for $6,550 of services performed during July 2018. The credit card company charged Luna a 2.30 percent service fee; it paid Luna as soon as it received the invoices.
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Based on this information alone, what is the amount of net income earned during the month of July? (Do not round intermediate values. Round final answer to 2 decimal places.)
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