The financial statements for Harold Corporation contained the following information:

The financial statements for Harold Corporation contained the following information:

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 The financial statements for Harold Corporation contained the following information:

Accounts receivable
$ 5,000
Sales revenue
75,000
Cash
15,000
Salaries and wages expense
20,000
Rent expense
10,000

How much was Harold’s net income?






$60,000


 


$65,000


 


$45,000


 


$15,000

 
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