Calculate the net income of Blake Auto Supply.
The following information relates to Blake Auto Supply.
A) $22,500
B) $33,500
C) $76,500
D) $240,000
B) $33,500
Explanation: Net Sales Revenue $215,000 - Cost of Goods Sold $150,000 - Operating Expenses $42,500 + Interest Revenue $11,000 = $33,500
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