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Find the net income for the period

Problem: Net Income Problem: A firm has the following accounts:

Net patient revenue = $1,500,000
Supply expense = $200,000
Depreciation expense = $100,000
Salaries and benefits = $700,000
Other expenses = $200,000
Net accounts receivable = $150,000

What is the net income for the period?

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Finance Basics: Find the net income for the period

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