Brief Exercise 5-09 The following information relates to Concord Corporation for the year 2022. Retained earnings, January 1, 2022 Dividends during 2022 Service revenue Salaries and wages expense $38,400 4,000 50,000 22,400 Advertising expense Rent expense Utilities expense Other comprehensive income (net of tax) $1,440 8,320 2,480 320 After analyzing the data, compute net income. Net income / (loss) LINK TO TEXT