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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 $9604 Inventory on Jan

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

Sales revenue $55000
Utilities $1100
Inventory on Dec. 31st $9604
Inventory on Jan 1 $12000
Rent for shop $3048
Sales commissions $4300
Purchases of Merchandise $36731

Input your answers without dollar signs or commas.

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