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Please explain how you got the answer. 0. The income statement and balance sheet columns of RVCA Co.'s worksheet reflect the following totals: The net

Please explain how you got the answer.

image text in transcribed 0. The income statement and balance sheet columns of RVCA Co.'s worksheet reflect the following totals: The net income (or loss) for the period is A) $10,000 loss. B) $10,000 income. C) $48,000 income. D) not determinable

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