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Question $16$

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Determine the net income of a company for which the following information is available for the month of September.

Service revenue

$$334,000$

Rent expense

$65,000$

Utilities expense

$4,900$

Salaries expense

$98,000$

a$.$ $$171,000.$

b$.$ $$501,900.$

c$.$ $$166,100.$

d$.$ $$269,000.$

e$.$ $$296,100.$

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