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What is the net income/loss given the following information: depreciation expenses = $3,900; bank service charges = $478; salaries expense = $65,800; revenues = $225,000;
What is the net income/loss given the following information: depreciation expenses = $3,900; bank service charges = $478; salaries expense = $65,800; revenues = $225,000; prepaid expenses = $5,000; insurance expense = $6,500; rent expense = $16,340; accounts receivable = $26,890?
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