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Find the total operating expenses and net income

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Reference no: EM131629235

Question: Cassandra's DVD Shop had the following 2011 operating expenses: salary, $90,500; insurance, $12,200; utilities, $7,582; maintenance, $1,077; rent, $18,400; and depreciation, $2,700. Find the total operating expenses and net income using the data from Exercise 3. Prepare an income statement to show financial information for 2011.

Reference no: EM131629235

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