(111) Following is a list of account balances of Morris Mowing Services as of December 31 of the first year of operations. Accounts Receivable $6,000 Accounts Payable 7,000 Salaries Expense 6,000 Repairs Expense 900 Truck 12,000 Equipment 9.000 Notes Payable 24,000 Cash 12,000 Supplies Expense. 9,000 Service Revenue 24.000 Gasoline Expense 7.100 Salaries Payable 1,500 Unearned Revenue 3,000 Calculate the net income