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Walgreens revenue for April is $35,000, but only $25,000 cash is collected. Expenses for April are $31,000, of which $28,000 is paid in cash. During

Walgreens revenue for April is $35,000, but only $25,000 cash is collected. Expenses for April are $31,000, of which $28,000 is paid in cash. During April, additional capital stock is issued in exchange for $5,000 cash. Compute net income for the month of April.

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