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Total revenues equal $25,700, and total expenses equal $17,500. What is the amount of net income or net loss? a. Net income of $25,700 b.

Total revenues equal $25,700, and total expenses equal $17,500. What is the amount of net income or net loss? a. Net income of $25,700 b. Net income of $8,200 c. Net loss of $8,200 d. Net income of $8,650



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