Use this information to answer the following question. In addition,beginning merchandise inventory was $22,000 and ending merchandise inventory was $14,000.
Net income for the period was
A)$173,000.
B)$93,000.
C)$63,000.
D)$203,000.

Question

Use this information to answer the following question.  In addition,beginning merchandise inventory was $22,000 and ending merchandise inventory was $14,000.
Net income for the period was
A)$173,000. 
B)$93,000. 
C)$63,000. 
D)$203,000.

Quizplus · Accepted Answer

The Answer of Use this information to answer the following question.  In addition,beginning merchandise inventory was $22,000 and ending merchandise inventory was $14,000.
Net income for the period was
A)$173,000. 
B)$93,000. 
C)$63,000. 
D)$203,000.

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