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During 2020, Cornhuskers Corporation purchased 1,000 cornhole games, each costing $30. During 2020, Cornhuskers sold 800 cornhole games at $40 per game. Exactly half of

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During 2020, Cornhuskers Corporation purchased 1,000 cornhole games, each costing $30. During 2020, Cornhuskers sold 800 cornhole games at $40 per game. Exactly half of those sales were collected in cash during 2020, and the other half will be collected in January of 2021. Cornhuskers promised to pay the salesperson $2 for each game sold. As of the end of the year, Cornhuskers had paid this salesperson $1,200 while the remainder that Cornhuskers owed the salesperson would be paid in January 2021. What is the net income or loss of Cornhuskers during 2020? $15,200 net loss $400 net income $30,800 net income $8,000 net income O $6,400 net income

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