en Assignment OURCES The following items are taken from the finandal statements of Ivanhoe Company for 2022: 02 205 03 ical 723 Accounts payable Accounts receivable Accumulated depreciation-equipment Advertising expense Cash Common stock Depreciation expense Dividends Equipment Insurance expense Notes payable Prepaid insurance Rent expense Retained earnings (beginning) Salaries and wages expense Salaries and wages payable Service revenue Supplies Supplies expense $11,900 12,600 37,200 21,400 13,000 94,000 13,600 15,500 225,000 3,900 69,500 6,900 16,000 18,100 35,600 2,900 139,000 3,100 6,000 01b 2 (a) Calculate the net income. rt Level Net income $