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The Income Summary account has debits of $85,000 and credits of $75,000. The company had which of the following: Net profit of $10,000 O Net

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The Income Summary account has debits of $85,000 and credits of $75,000. The company had which of the following: Net profit of $10,000 O Net loss of $160,000 ONet income of $160,000 O Net loss of $10,000

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