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The Following Information Relates to Blake Auto Supply Calculate the Net Income of Blake Auto Supply

Question 140

Multiple Choice

The following information relates to Blake Auto Supply.  Net Sales Revenue $191,000 Cost of Goods Sold 150,000 Interest Revenue 12,000 Operating Expenses 40,000\begin{array} { | l | r | } \hline \text { Net Sales Revenue } & \$ 191,000 \\\hline \text { Cost of Goods Sold } & 150,000 \\\hline \text { Interest Revenue } & 12,000 \\\hline \text { Operating Expenses } & 40,000 \\\hline\end{array} Calculate the net income of Blake Auto Supply.


A) $1,000
B) $13,000
C) $64,000
D) $220,000

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