Question: I am looking for the correct answer to this general accounting question with appropriate explanations. Martell Inc. had the following transactions during 2023: Sales of

I am looking for the correct answer to this general accounting question with appropriate explanations.

Martell Inc. had the following transactions during 2023: Sales of $9,500 on account Collected $4,200 for services to be performed in 2024 Paid $3,800 in salaries for 2023 Purchased travel tickets for $600 for a 2024 trip What is Martell's 2023 net income using accrual accounting

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