1.) using the 2 columns of numbers calculate the NET INCOME. (no closing entries)

EX 6-30 Closing entries OBJ. 4 On July 31, 2019, the balances of the accounts appearing in the ledger of Serbian Interiors Company, a furniture wholesaler, are as follows: Accumulated Depr.Building $365,000 Peter Bronsky, Capital $ 530,000 Administrative Expenses 440,000 Peter Bronsky, Drawing 15,000 Building 810,000 Sales 1,437,000 Cash 78,000 Sales Tax Payable 4,500 Cost of Merchandise Sold 775,000 Selling Expenses 160,000 Interest Expense 6,000 Store Supplies 16,000 Merchandise Inventory 115,000 Store Supplies Expense 21,500 Notes Payable 100,000