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During the Year 2016 Dallas Company Earned Revenues of $90000

Question 155

Multiple Choice

During the year 2016 Dallas Company earned revenues of $90000 had expenses of $62000 purchased assets with a cost of $10000 and had owner drawings of $6000. Net income for the year is


A) $18000.
B) $22000.
C) $28000.
D) $32000.

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