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During March, a Company earned revenue of $135,000 on account of which $89,000 had been collected by the end of the month. The company incurred

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During March, a Company earned revenue of $135,000 on account of which $89,000 had been collected by the end of the month. The company incurred expenses of $78,000. The company paid all of its expenses in cash as well as paying dividends of $23,000. Net income (loss) for the month is a. $11,000 b. ($12,000) OC $57,000 od $34,000

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