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Accounts Payable $3,200 Salaries and Wages Expense $17,800 Cash 9,700 Notes Payable 27,000 Advertising Expense 6,500 Rent Expense 10,600 Service Revenue 58,300 Accounts Receivable 14,600

Accounts Payable $3,200 Salaries and Wages Expense $17,800 Cash 9,700 Notes Payable 27,000 Advertising Expense 6,500 Rent Expense 10,600 Service Revenue 58,300 Accounts Receivable 14,600 Equipment 31,300 Dividends 8,100 Determine the net income that Concord Corporation reported for December 2022. Net income of Concord Corporation $

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