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The trial balance of a XYZ Company, on the 31st of December 2019 after adjusting...

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The trial balance of a XYZ Company, on the 31st of December 2019 after adjusting entries are made, is presented to you bolow XYZ CO. Trial Balance December 31, 2019 Cash $ 15500 Accounts Receivable 512750 Office Equipment $22500 Accumulated Depeeciation 56000 Accounts Payable 57750 Capital Stock 522500 Retained Earnings $0 Dividends 57500 Service Fees Canned 545500 Salaries Expense $16000 Advertising Expense $3250 Depreciation Expense 5.4250 $81,750 $81,750 Based on the information given to you above, the Net Income of the company for the period is equal to. A $22.000 B. $36.750 C. $22.500. D. $11,600

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