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What amount should the company report as net income

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Reference no: EM132722256

A partial listing of a company's accounts is presented below:

Revenues$80,000

Operating expenses50,000

Foreign currency translation adjustment gain, net of tax4,000

Income tax expense10,000

Problem 1: What amount should the company report as net income?

A. $20,000

B. $24,000

C. $30,000

D. $34,000

Reference no: EM132722256

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