Robert F. Kennedy High School reports the following annual f…
Robert F. Kennedy High School reports the following annual financial information: Revenues State Funding: $14,400,000 Cafeteria Revenue: $350,000 Athletic Revenue: $250,000 Expenses Salaries: $11,900,000 Utilities: $720,000 Maintenance: $480,000 Classroom Supplies: $600,000 What is the school’s Net Income (Operating Surplus)?
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