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Wexler, Inc.'s income statement showed total expenses for the year to be $50,000. If the company's revenues for the year were $125.000 and its year-end

Wexler, Inc.'s income statement showed total expenses for the year to be $50,000. If the company's revenues for the year were $125.000 and its year-end cash balance was $35.000. what was Wexler's net income for the year?

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