Question: Using the following information for a periodic inventory system, what is the amount of net income (loss)? Purchases $32,000 Inventory, September 1 5,700 Administrative

Using the following information for a periodic inventory system, what is the

Using the following information for a periodic inventory system, what is the amount of net income (loss)? Purchases $32,000 Inventory, September 1 5,700 Administrative expense 910 Rent revenue 1,200 Selling expense $960 Inventory, September 30 6,370 Sales 63,000 Interest expense 1,040 O a. $29,350 Ob. $29,960 c. $28,310 Od. $29,510

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