The figure below shows the transactions for Sawyer Architecture Services during June.Greg Sawyer opened this business on June 1 with a capital investment of $72,000 (Transaction 1). 
What was the net income or net loss for Sawyer Architecture Services for the month of June?
Definitions:
Service Department Charge Rate
The rate at which internal service departments charge other parts of the same organization for the services rendered.
Accounting Department
The division within a company responsible for managing financial records, ensuring compliance with accounting standards, and producing financial statements.
Service Department Cost
Involves the expenses associated with the departments that do not directly produce goods but provide support or services to other departments within an organization.
ABC Corporation
A hypothetical or generic naming convention used to represent a company in examples or case studies.
Q3: The Statement of Owner's Equity is calculated
Q18: The transactions listed below took place at
Q23: Current assets provide the funds needed to
Q27: The Balance Sheet heading includes each of
Q41: The Securities and Exchange Commission (SEC)requires that
Q65: In the closing procedure,the _ account balances
Q66: The accounts and balances for Paw Prints
Q73: On the worksheet,the Balance Sheet columns should
Q74: The review of financial statements to assess
Q104: The T account balances for the accounts