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Stephen and Joy own a duplex in Newport Beach,CA.They live in one unit and rent the other to another couple.Their rental income for the year was $24,000.They incurred the following expenses for the entire duplex: What amount of net income from the duplex should Stephen and Joy report for the current year?
Huron
A Native American tribe, also known as the Wyandot, who historically lived in the Great Lakes region, known for their agriculture and fur trade.
Ravages Of Diseases
The severe impacts and destruction caused by diseases, often leading to widespread suffering and death.
Jesuits
A Catholic religious order of priests and brothers known formally as the Society of Jesus, focused on education, intellectual research, and missionary work.
Mid 17th Century
Referring to the period from approximately 1630 to 1670, marked by significant historical events, including the English Civil War and the early colonization of America.
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