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Business, 22.04.2020 20:11 Yaoicx681

During August, 2018, Baxter’s Supply Store generated revenues of $60,000. The company’s expenses were as follows: cost of goods sold of $36,000 and operating expenses of $4,000. The company also had rent revenue of $1,000 and a gain on the sale of a delivery truck of $2,000. Baxter’s net income for August, 2018 is Group of answer choices $21,000. $24,000. $23,000. $20,000.

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During August, 2018, Baxter’s Supply Store generated revenues of $60,000. The company’s expenses wer...
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