Determine the Net Income of a Company for Which the Following

question 251

Multiple Choice

Determine the net income of a company for which the following information is available for the month of September. $$\begin{array} { l r } \text { Service revenue } & \$ 300,000 \\\text { Rent expense } & 48,000 \\\text { Utilities expense } & 3,200 \\\text { Salaries expense } & 81,000\end{array}$$

• A) $171,000.
• B) $252,000.
• C) $167,800.
• D) $263,800.
• E) $432,200.

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