(Answered) Question - using the following information what is the

Accounting

Question - Using the following information, what is the amount of net income? what is the amount of cost of merchandise sold?

purchases $32,000 Selling expense $960

merchandise inventory, sep. 1 5,700 merchandise inventory, sep 30 6,370

administrative expense 910 sales 63,000

rent revenue 1,200 interest expense 1,040

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