find net income

Dr. Cr. Cash 246000 Accounts receivable 208000 204000 50500 16500 250000 52500 285000 52000 10000 10000 84000 Inventory Prepaid rent Prepaid insurance Equipment Accumulated depreciation - Equip Accounts Payable Advertising payable Income tax payable Dividends payable Unearned revenues Notes Payable (due June 2018) Common Shares Dividends declared Sales revenues Dividend revenue Cost of goods sold Supplies expense Wages expense Interest expense Depreciation expense Insurance expense Advertising expense Income pense 155000 200000 17000 510000 54000 220000 14500 19000 27000 50000 10000 85000 25000