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Which of the following is perhaps one of the more interesting developments during the Franco-Prussian War of 1870?
Net Income
The residual income of a company or individual after all expenses, taxes, and deductions have been subtracted from total revenue.
IRS Method
Techniques and guidelines set by the Internal Revenue Service for calculating and filing taxes.
Depreciation
The method of allocating the cost of a tangible or physical asset over its useful life.
Royalties
Payments made to owners of intellectual property, like patents or copyrights, in exchange for usage rights.
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