Determine the net income for August

Operating Expenses equaled $25,000, and Revenues equaled $ 194,000. Determine the gross margin (same as gross profit) for August. 71000 QUESTION 6 Barr Company reports the following information for August. Cost of goods sold equaled $125,000; Finished Goods beginning inventory equaled $12,000; Finished Goods ending inventory equaled $10,000, Operating Expenses equaled $35,000; and Revenues equaled $202,000. Determine the net income for August