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How much is net income

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Question - A company's net sales is $120,000; cost of goods sold is $37,000; selling expenses are $25,000; administrative expenses are $29,000; and interest income is $3,000. How much is net income?

a. $29,000

b. $32,000

c. $83,000

d. $123,000

Reference no: EM132539071

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