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what is net income? begin{tabular}{|l|r|r|} hline Gain on sale of equipment & 6,250 & hline Interest revenue & 750 & hline & &
what is net income?
\begin{tabular}{|l|r|r|} \hline Gain on sale of equipment & 6,250 & \\ \hline Interest revenue & 750 & \\ \hline & & \\ \hline Total other revenues, gains, expenses and losses & & 7,000 \\ \hline Net income & & \\ \hline \hline \end{tabular} Fit-for-Life Foods reports the following income statement accounts for the year ended December 31. Prepare a multiple-step income statementStep by Step Solution
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