Real Estate Math
A broker's operating account shows he earned $85,000 in commissions and spent $42,000 on business expenses. His net income from the business is:
A$43,000✓ Correct
B$127,000
C$85,000
D$42,000
Explanation
Net income = $85,000 − $42,000 = $43,000. Using the values given ($85,000, $42,000), apply the appropriate formula..
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