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19 Use only the accounts that you think are necessary to calculate Net Income: Sales...

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Accounting

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19 Use only the accounts that you think are necessary to calculate Net Income: Sales Revenue $300,000; Interest Revenue $5,000; Wage Expense $160,000; Depreciation Expense $20,000; Rent Expense $10,000; Dividends $4,000. a. $111,000. b. $115,000. c. $305,000. d. $300,000

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