Coronado Hotel Foxtrot initiated operations on July 1, 2020. To manage the company, officers and managers have requested monthly financial statements starting July 31,2020 . The adjusted trial balance amounts at July 31 are shown below. Determine the net income for the month of July. Net Income Determine the total assets and total liabilities at July 31,2020 for Coronado Hotel Foxtrot. Total Assets Total Liabilities