International Development homework help. George’s business started with an opening capital of $50,000 and eventually had $75,000 in closing capital. The owner withdrew $30,000 for his own expense during the same year. How much in Net Income or Loss did the business make? A. $55,000 net incomeB. $30,000 net lossC. $5,000 net lossD. $5,000 net incomeE. none of the options listed
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