34.

Wilson Shop is a small stationary shop. The capital invested in the business by the owner, Mike Wilson, was $40,000 at the beginning of the year and is $47,000 at the end of the year. During the year, Mike Wilson withdrew $18,000 from the business. Input instruction: When entering amounts, use numbers only - no spoces, no dollar signs, no full stops, no dots, no decimal separators, no symbols, no special characters, e.g., enter $1,000 as 1000 . Required: Wilson Shop's net income for the year is $