Jackson Consulting had the following accounts and balances at December 31: 
Using the information in the table,calculate Jackson Consulting's reported net income for the period.
Definitions:
Market Price
The current price at which an asset or service can be bought or sold in the marketplace.
Financial Media
Media outlets and platforms that specialize in reporting news and analysis on the financial and economic sectors, including markets and investments.
Unlimited Liability
A legal structure where business owners are personally responsible for all of the business's debts, without any limit.
Limited Life
Denotes that a product, entity, or project has a preset endpoint or duration after which it will cease to exist or need to be substantially changed.
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