Question: why the answer is C Given below is the 2015 income statement for The Brookes Company: A $1,400 acquisition of inventory was included in purchases

why the answer is C

Given below is the 2015 income statement for The Brookes Company: A $1,400 acquisition of inventory was included in purchases but not counted in ending inventory. What is the correct net income? a. $55,300 b. $55,720 c. $57,680 d. $57,120 e. $58,100

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