ANSWER ASAP The following items are taken from the financial statements of the Postal Service for the year ending December 31, 2013:

Accounts payable

$ 19,000

Accounts receivable	11,000
Accumulated depreciation equipment	28,000
Advertising expense	21,000
Cash	11,000
Common stock	40,000
Depreciation expense	12,000
Dividends	14,000
Insurance expense	3,000
Note payable, due 6/30/14	70,000
Prepaid insurance (12-month policy)	6,000
Rent expense	17,000
Retained earnings (1/1/13)	65,000
Salaries and wages expense	32,000
Service revenue	125,000
Supplies	4,000
Supplies expense	6,000
Equipment	210,000

What is the company's net income for the year ending December 31, 2013?

Question 25 options:

a)

$125,000

b)

$20,000

c)

$34,000

d)

$6,000