After all of the account balances have been extended to the Income Statement columns of the work sheet, the totals of the Debit and Credit columns are $74,440 and $93,750, respectively. What is the amount

After all of the account balances have been extended to the Income Statement columns of the work sheet, the totals of the Debit and Credit columns are $74,440 and $93,750, respectively. What is the amount of the net income or net loss for the period

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After all of the account balances have been extended to the Income Statement columns of the work sheet, the totals of the Debit and Credit columns are $74,440 and $93,750, respe…

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