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Using the following information for a periodic inventory system, what is the amount of net income? Purchases $34,454 Selling expense $619 Inventory, September 1 5,677

Using the following information for a periodic inventory system, what is the amount of net income? Purchases $34,454 Selling expense $619 Inventory, September 1 5,677 Inventory, September 30 8,968 Administrative expense 860 Sales 53,991 Rent revenue 1,069 Interest expense 835

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