. As of December 31, 20X7, ABC Co. had total assets of $26,000,000 and total owners equity of $8,000,000 in its statement of financial position. During 20X7, ABC Co. had total revenues of $7,000,000 and total expenses of $6,100,000. For the year-ended December 31, 20X7, what was ABC Co.s net income?

a. $900,000.

b. $18,000,000.

c $8,000,000.

d $8,900,000.