Revenue on account amounted to $4,200. Cash collections of accounts receivable amounted to $2,450. Expenses for the period were $2,200. The company paid dividends of $500. What was the amount of net income for the period?

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The Answer of Revenue on account amounted to $4,200. Cash collections of accounts receivable amounted to $2,450. Expenses for the period were $2,200. The company paid dividends of $500. What was the amount of net income for the period?

Revenue on Account Amounted to $4,200