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What was net income for the period

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Problem 1: Revenue on account amounted to $5,000. Cash collections of accounts reseivable mounted to $2,300. Expenses for the period were $2,100, The company paid dividends of $450. What was net income for the period?

A. $1,200

B. $2,900

C. $2,850

D. $2,450

Reference no: EM132819160

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