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Question - Alpha's Company's Fiscal Year 2017 Statement of Cash Flows reflected information that cash provided by operating activities was $800,000. The following additional information was provided:

Depreciation Expense $380,000
Common Stock Dividends 200,000
Accounts Receivable increase 110,000
Accounts Payable decrease 60,000

Use this information and determine Alpha Company's the Net Income (Net Loss) the 2017 Fiscal Year. Show your work.

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