Question: $ 1 1 0 but did not immediately pay it . On May 3 1 , the balance in the company bank account was $

$110 but did not immediately pay it. On May 31, the balance in the company bank account was $16,290.
Murray is feeling pretty good about results for the first month, but his estimate of profitability ranges from a loss of $5,410 to a profit
of $2,140. what is income according to GAAP?
$110 but did not immediately pay it. On May 31, the

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