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Net income for the period equals: Multiple Choice $20,960. $16,640. $21,920. $23,360. Shown below is the adjusted Trial Balance for Simon Incorporated, on December 31,

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Net income for the period equals:

Multiple Choice

$20,960.

$16,640.

$21,920.

$23,360.

Shown below is the adjusted Trial Balance for Simon Incorporated, on December 31, after the first year of operations, after adjusting entries: Net income for the period equals

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