Question: Total revenues equal $ 2 5 , 7 0 0 , and total expenses equal $ 1 7 , 5 0 0 . What is

Total revenues equal $25,700, and total expenses equal $17,500. What is the amount of net income or net loss?
a. Net income of $8,650
b. Net income of $8,200
c. Net loss of $8,200
d. Net income of $25,700

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