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Beasley s Buttons reported the following information for the month of July: Cash $ 7 5 , 0 0 0 , Equipment $ 2 3

Beasleys Buttons reported the following information for the month of July: Cash $75,000, Equipment $23,000, Accounts Payable $4,900, Sales Revenue $23,000, Service Revenue $17,000 Rent Expense $5,000, Salaries Expense $3,000, Supplies Expense $1,000, and Dividends $10,000. Calculate net income (profit and loss):
Group of answer choices:
A. $40,000
B. $21,000
C. $44,900
D. $26,100
E. $31,000

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