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The Slider Company, a new business, experienced the following events in 20X1: Purchased an inventory of 9 cell phones for $720 cash. Sold 4 of

The Slider Company, a new business, experienced the following events in 20X1: Purchased an inventory of 9 cell phones for $720 cash. Sold 4 of the cell phones for $700 cash. Paid $80 for advertising expenses. Declared and paid $25 of dividends. If these are the only events for 20X1, what is Slider Co.'s net income? Please enter your answer as a whole number without a dollar sign (e.g., 100)

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