a.)You have been recently appointed as the accountant for Gone Clear Company. Prepare an income statement based on the following transactions:

Service Revenue $190,000

Supplies Expense $ 80,000

Salary & Wage $ 60,000

Administrative Expense $ 30,000

Miscellaneous Expense $ 5,000

b.)Based on Question above (Gone Clear Company), what would the net income or net loss be if, in addition to the listed expenses, there was an additional $25,000 for office rent?

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