Current Attempt in Progress Crane's Computer Repair Shop started the year with total assets of $303000 and total liabilities of $209000. During the year, the business recorded $507000 in computer repair revenues, $306000 in expenses, and Crane paid dividends of $49600. The net income reported by Crane's Computer Repair Shop for the year was

Crane's Computer Repair $ hop started the vear with total assets of $303000 and total liabilities of $209000. During the year, the business recorded $507000 in computer repair revenues, $306000 in ecpenses, and Crane paid dividends of $49600. The net income reported by Crane's Computer Repair Shop for the year was