Which of the following answers correctly states the effect of Landon's write-off entry on February 15,2013? 
Definitions:
Net Income
A company's earnings that remain after subtracting all expenses and taxes from total revenue.
Expenditure
Money spent or cost incurred in an organization's efforts to generate revenue, representing the consumption of goods and services.
Discount Period
The time period between the date of sale and the due date, during which a payment may be made at a reduced rate.
Capital Investment
Funds spent by a company to acquire or upgrade physical assets such as buildings, machinery, or equipment to boost its long-term revenue and profitability.
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