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Crane Diesel owns the Fredonia Barber Shop. He employs 7 barbers and pays each a base rate of $1,480 per month. One of the barbers serves as the manager and receives an extra $580 per month. In addition to the base rate, each barber also receives a commission of $5.35 per haircut.
Problem 1: Determine net income, assuming 1,700 haircuts are given in a month.
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