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A business has the following transactions: The business is started by receiving cash from an investor in exchange for common stock $ 2 5 ,

A business has the following transactions:
The business is started by receiving cash from an investor in exchange for common stock $25,798
The business purchases supplies on account $815
The business purchases furniture on account $4,181
The business renders services to various clients on account totaling $10,610
The business pays salaries $3,852
The business pays this months rent $4,686
The business pays for the supplies purchased on account
The business collects from one of its clients for services rendered earlier in the month $1,964
What is total net income for the month?

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