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Using the following information for a periodic inventory system, what is the amount of net income? Purchases $30,075 Selling expense $747 Inventory, September 1 5,806

Using the following information for a periodic inventory system, what is the amount of net income?

Purchases $30,075 Selling expense $747
Inventory, September 1 5,806 Inventory, September 30 10,929
Administrative expense 560 Sales 46,235
Rent revenue 1,130 Interest expense 896

a.$29,094

b.$896

c.$20,210

d.$24,952

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