Correct ans is A. Please show detailed explanations.

10 Mancie setlhs hooks clths hooks in Fargo Noth Dakota Data regarding her store's operations follow Sales bode November DecemberJanuary 375,0005 420,000 Total sales 5 400,000 Collection schedule Month of sale Next month Uncollectible The cost of goods sold is 79% 27% 3% 50% ofsales 200,000 Other monthly expenses to be paid in cash are $25.000 * Monthly depreciation is $15,000 * 60% of the is * Marcie declared purchase is paid for in the month of purchase, the remainder is paid in the following month a special dividend of $10,000 on November 5 to be paid on Dec. 15 Net income for November would be: 5148,00 $138,000 $108,00 Si60.000 $163,000 120, 000) D. E