Brief Exercise 5-11 Monty Corp. reported net sale Microsoft account l Sign In or crea Kimmel, Financial Accounting, 8e Assignment Gradebook ORION Brief Exercise 5-7 (Part Level submission) The following information relates to Metlock, Inc. for the year 2017. $1,440 Retained earnings, January 1, 2017 $38,400 Advertising expense 4,000 Rent expense 8,320 Dividends during 2017 2,480 50,000 Utilities expense 22,400 Other comprehensive income (net of tax) 320 Service revenue Salaries and wages expense v (a) [x Your answer is incorrect. Try again. nfrar analyzin the data, compute net income