answer as soon as possible
income statement Notes to income statement Cameroo Mctaughin accident is the amout of 51.980 3. Advedeng and promsbon incudes Meali asd Enuisament coss in ife anoun ai st 230 Docember 91 of ohe pior war was as folows. Cass of iosice \& Generai Equpment $45:300 Class t Aulamoc. Equpmene $25,68. erveci yeal He iejunce policy is fequind as colatival loc foo botinets bank isan. 7. Ofice expenses inctode the 55,200 purthase of leteg cenisutens on Lauary is 2 iqo Clus on a reguat bases to buaress purposes income statement Notes to income statement Cateron Mctayghin acciene in the ameunt of 51 peg 3. Advertising and promotion includes 'Meas and Eritertanmere costs nithe anosit or st ze.0 December 31 of the pnor war was as felcus Class is (Ohce 8 Girria Equpment $45360 Clasgito (Aifomotio Equament) $25400 5. Ihe compay has set up an alcouance for deubifu accoors tened pa a murw of the Acoonh ewsiry yput life inserance poscy is togureg as collaturai for med besewes tank oan Cameron McLaughlin is the sole shareholder of McLaughin Enterprises Lid, a small retail shop selling locally made arts and cafts. The shop has been in operation for several years and has a calendar fiscal year. Cameron provides you with the Income Statement for the corporation for December 31,2020 (Cick on the icon to view the income statement.) (Click on the icon to view the notes to the income statement.) Calculate the net business income for McLaughlin Enterprises Ltd for the year 2020 Calculate the net business income for McLaughlin Enterprises Lld for 2020. (Round to the nearest dollar) The net income for 2020 is $ income statement Notes to income statement Cameroo Mctaughin accident is the amout of 51.980 3. Advedeng and promsbon incudes Meali asd Enuisament coss in ife anoun ai st 230 Docember 91 of ohe pior war was as folows. Cass of iosice \& Generai Equpment $45:300 Class t Aulamoc. Equpmene $25,68. erveci yeal He iejunce policy is fequind as colatival loc foo botinets bank isan. 7. Ofice expenses inctode the 55,200 purthase of leteg cenisutens on Lauary is 2 iqo Clus on a reguat bases to buaress purposes income statement Notes to income statement Cateron Mctayghin acciene in the ameunt of 51 peg 3. Advertising and promotion includes 'Meas and Eritertanmere costs nithe anosit or st ze.0 December 31 of the pnor war was as felcus Class is (Ohce 8 Girria Equpment $45360 Clasgito (Aifomotio Equament) $25400 5. Ihe compay has set up an alcouance for deubifu accoors tened pa a murw of the Acoonh ewsiry yput life inserance poscy is togureg as collaturai for med besewes tank oan Cameron McLaughlin is the sole shareholder of McLaughin Enterprises Lid, a small retail shop selling locally made arts and cafts. The shop has been in operation for several years and has a calendar fiscal year. Cameron provides you with the Income Statement for the corporation for December 31,2020 (Cick on the icon to view the income statement.) (Click on the icon to view the notes to the income statement.) Calculate the net business income for McLaughlin Enterprises Ltd for the year 2020 Calculate the net business income for McLaughlin Enterprises Lld for 2020. (Round to the nearest dollar) The net income for 2020 is $
