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The year-end financial statements of Grunewald Company contained the following elements and corresponding amounts. Assets = $21,700; Common Stock = $5,000; Revenue = $11,300; Dividends

The year-end financial statements of Grunewald Company contained the following elements and corresponding amounts. Assets = $21,700; Common Stock = $5,000; Revenue = $11,300; Dividends = $700; Beginning Retained Earnings = $3,925; Ending Retained Earnings = $6,435.

Based on this information, the amount of expenses on Grunewald's income statement was

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