Question: How much is the net income ?? Cavern Traders provided the following financial information. If the owner contributes $38,700 and withdraws $6,400, how much is

How much is the net income ??

Cavern Traders provided the following financial information. If the owner contributes $38,700 and withdraws $6,400, how much is the net income (loss)? ____ Assets Liabilities Beginning of Year $54,000 End of Year $90,000) $46,000

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