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Using the following information for a periodic inventory system, what is the amount of net income? Purchases $27,161 Selling expense $884 Inventory, September 1 7,560

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

Purchases	$27,161	Selling expense	$884
Inventory, September 1	7,560	Inventory, September 30	9,308
Administrative expense	689	Sales	57,831
Rent revenue	1,046	Interest expense	907

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