Question: Given: Liabilities - Dec. 3 1 , 2 0 1 5 $ 1 4 0 Assets - Dec. 3 1 , 2 0 1 5

Given:
Liabilities- Dec. 31,2015 $140
Assets-Dec. 31,2015 $350
Revenues in 2015 $75
Expenses in 2015 $60
What is Net income in 2015?

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