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Business, 28.01.2020 05:31 mommies3grls3
Corporation began the year with cash of $ 152 comma 000 and land that cost $ 33 comma 000. during the year morton earned service revenue of $ 250 comma 000 and had the following expenses: salaries, $ 160 comma 000; rent, $ 73 comma 000; and utilities, $ 30 comma 000. at year-end morton's cash balance was down to $ 18 comma 000. how much net income (or net loss) did morton experience for the year?
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Corporation began the year with cash of $ 152 comma 000 and land that cost $ 33 comma 000. during th...
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