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Charlie's Chocolates' has accounts receivable of $66,000 and accounts payable of $28,000. The company has...

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Accounting

Charlie's Chocolates' has accounts receivable of $66,000 and accounts payable of $28,000. The company has revenues of $99,000 and expenses of $72,000. Calculate its net income.

a. $99,000

b. $27,000

c. $72,000

d. $65,000

e. $38,000

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