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Please make a conclusion based on income statement below: Net Income RM...

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Accounting

Please make a conclusion based on income statement below:

Net Income RM
Revenue
Service Revenue 27,000
Commission Revenue 57,000
Total Revenue 84,000
Expenses
Insurance Charges 350
Rental expense 6,000
Utilities expense 2,000
Salaries expense 30,000
Interest expense 5,000
Telephone Charges 700
Commission expense 11,250
Office Maintenance exp 500
Total expenses 55,800
Net Income 28,200

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