Webby Corporation reported the following amounts on its income statement: service revenues, $32,500; utilities expense, $300; net

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Webby Corporation reported the following amounts on its income statement: service revenues, $32,500; utilities expense, $300; net income, $1,600; and income tax expense, $900. If the only other amount reported on the income statement was for selling expenses, what amount would it be?

a. $2,200

b. $29,700

c. $30,000

d. $30,900

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Fundamentals Of Financial Accounting

ISBN: 9781265440169

7th Edition

Authors: Fred Phillips, Shana Clor Proell, Robert Libby, Patricia Libby

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