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The ledger at year end of Wonderland Company showed the following information:
Service Income | P 605,750 |
Salaries expense | 492,000 |
Rent expense | 95,700 |
Accrued interest expense | 10,000 |
Miscellaneous expense | 20,250 |
How much is the result of the business operation during the year?
Write negative sign (-) if result of business operation is a net loss.
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