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Calculator Instructions Labels and Amount Descriptions Income Statement Instructions The following accounts were taken from t
Instructions Labels and Amount Descriptions Income S Labels and Amount Descriptions x Labels nce columns of April 30 Expenses
Calculator Instructions Labels and Amount Descriptions Income Statement X Labels and Amount Descriptions Income Statement x P
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Answer #1

For the period ended April 30

Fees earned $78,000
Expenses
Depreciation expense $7,250
Rent expense $34,000
Supplies expense $1,800
Total expenses $43,050
Net income $34,950
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