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The ZXC Company has the following values on its books. Calculate the net income for this period. Accounts payable exist1,000 Selling expense 5,000 Sales revenue

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The ZXC Company has the following values on its books. Calculate the net income for this period. Accounts payable exist1,000 Selling expense 5,000 Sales revenue 50,000 Owners equity 4, 500 Income taxes 2,000 Cost of goods sold30,000

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