The total revenue for the month of March was $3,000, total expenses were $4,500, withdrawals amounted to $800, and additional investment made during the month totaled $2,500 . The net income or net loss for the month was
a. $500 income; b. $1,000 income; c. $3,000 income; d. $4,500 loss; e. $1,500 loss.
E
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