Exhibit 2-1 -Refer to Exhibit 2-1.What Is Net Income,assuming No Stock Was

question 4

Multiple Choice

Exhibit 2-1

-Refer to Exhibit 2-1.What is net income,assuming no stock was issued and no dividends were paid?

• A)$215,000
• B)$175,000
• C)$135,000
• D)$40,000