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What is net income for a merchandising company with the following data? Sales revenue $55000 Utilities $1100 Inventory on Dec. 31st $9838 Inventory on Jan

What is net income for a merchandising company with the following data?

Sales revenue $55000
Utilities $1100
Inventory on Dec. 31st $9838
Inventory on Jan 1 $12000
Rent for shop $3049
Sales commissions $4300
Purchases of Merchandise $36474

Input your answers without dollar signs or commas.'

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