3 TB MC Qu. 04-101 Tara Westmont, the proprietor... Tara Westmont, the proprietor of Tiptoe Shoes, had annual revenues of $201,000, expenses of $111,700, and withdrew $24,400 from the business during the current year. The owner's capital account before closing had a balance of $313,000. The Net Income for the year is: 8.33 points Multiple Choice Book Print $201,000 References O $64,900 O $89,300 O $377,900 O $402,300