Brief Exercise 5-7 (Part Level Submission) The following information relates to Sage Hill Inc. for the year 2017 $50,880 Advertising expense Retained earnings, January 1, 2017 Dividends during 2017 Service revenue Salaries and wages expense 5,300 Rent expense 66,250 Utilities expense 29,680 $1,910 11,020 3,290 Other comprehensive income (net of tax)420 (a) Your answer is incorrect. Try again. After analyzing the data, compute net income. Net income (loss)