(Answered) An analysis of the transactions of canary cola inc for the

Management Studies

An analysis of the transactions of Canary Cola, Inc. for the year 2009 yields the following information: revenue, $ 70,000; Supplies expense, $30,900, rent Expense $24,000 and dividents, $ 7,000.

What is the amount of net income reported by Canary Cola for 2009?

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