Technology Mart had the following revenue and expenses during the month ended July 31. ...

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Accounting

Technology Mart had the following revenue and expenses during the month ended July 31.
Fees for computer repairs $ 34,600
Advertising expense 4,300
Salaries expense 17,100
Telephone expense 1,650
Fees for printer repairs 4,550
Utilities expense 600
Did the firm earn a net income or incur a net loss for the period? What was the amount?
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