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Select one: a. $3,000 b. $5,000 c. $10,000 d. $2,000 MNO Co. is a retailer of furniture and home appliances. On May 11, 2022, the
Select one: a. $3,000 b. $5,000 c. $10,000 d. $2,000
MNO Co. is a retailer of furniture and home appliances. On May 11, 2022, the company purchased 150 dressers for $15,000. On May 23, the company sold 50 dressers for $200 each. Assume the operating expense is $2,000. What is the net income or loss on the sale? Select one: o O o O a. $3,000 b. $5,000 c. $10,000 d. $2,000
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