A.) Service Income - Accounts Receivable

B.) Service Income

C.) Service Income - (Advertising + Licenses + Supplies + Telephone)

D.) (Service Income + Accounts Receivable) - (Advertising + Licenses + Supplies + Telephone)

E.) Service Income - (Accounts Receivable + Advertising + Licenses + Supplies + Telephone)

QUESTION 11/11 Based on the information provided, how would you calculate the annual net income? Annual Activities Service Income Accounts Receivable Advertising Expense Licenses Expense Supplies Expense Telephone Expense $ 50,000 $ 2,000 $ 1,000 $ 500 $ 5,000 $ 3,000