Refer to your solution for Exercise 3-14. Cash ..................................................................$53,200 Accounts payable .................................................9,500 Jin Singh, capital ................................................12,800 a.

Question:

Refer to your solution for Exercise 3-14.
Cash ..................................................................$53,200
Accounts payable .................................................9,500
Jin Singh, capital ................................................12,800
a. Compute Event Planners' net income for the period ended March 31, 2017.
b. Compute Event Planners' total liabilities at March 31, 2017.