Donaldson's Delivery Company began operations on January 1, 2025. The following Trial Balance was prepared on December 31, 2025.

Donaldson's Delivery Service Company
Trial Balance
December 31, 2025
Account Title	Debit	Credit
Cash	$15,500
Accounts Receivable	8,000
Prepaid Rent	2,400
Office Supplies	1,400
Land	25,000
Building	32,000
Equipment	23,000
Accounts Payable		$10,400
Unearned Revenue		2,500
Notes Payable		20,000
Donaldson, Capital		54,000
Donaldson, Withdrawals	6,700
Service Revenue		82,300
Salaries Expense	34,000
Rent Expense	14,000
Truck Expense	5,900
Office Expense	1,300
Total	$169,200	$169,200

What is the net income for the year ended December 31, 2025?

Question content area bottom

Part 1

A.

$74,400

B.

$27,100

C.

$20,400

D.

$29,600