Please refer to the partially completed worksheet below: How much was the Net income?

Name: Please refer to the partially completed worksheet below: How much was the Net income?
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Question

Please refer to the partially completed worksheet below:  How much was the Net income?

Quizplus · Accepted Answer

Net income is calculated by subtracting total expenses from total revenues. In this case, the total revenue is $58,000 and the total expenses are $44,400. Therefore, the net income is $58,000 - $44,400 = $13,600. Choice B is the correct answer.

Please Refer to the Partially Completed Worksheet Below: How