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Using the following information, what is the amount of net income? Purchases $42,000 Selling expense Merchandise inventory, 5,700 Merchandise inventory, September 1 September 30
Using the following information, what is the amount of net income? Purchases $42,000 Selling expense Merchandise inventory, 5,700 Merchandise inventory, September 1 September 30 Administrative expense 710 Sales Rent revenue 800 Interest expense $26,760 $34,200 $68,090 $49,640 $ 960 6,370 70,000 1,040
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