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What is the period net income

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Question 1: Sara had a beginning credit balance of $21,000 in her capital account. At the close of the period, Sara's drawing account had a debit balance of $2,200. On the end-of-period balance sheet, Sara's capital balance is $32,000. If Sara contributed an additional $2,000 to the firm during the period, what is the period's net income?

Option 1: $12,400

Option 2: $10,800

Option 3: $9,000

Option 4: $11,200

Reference no: EM132481344

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