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Find Total Expense & Net Income Salaries and wages 48000 expense Dividends 20000 Accounts payable 15000 56000 Repair expense 3800 3000 Equipment Salaries and wages

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Find Total Expense & Net Income Salaries and wages 48000 expense Dividends 20000 Accounts payable 15000 56000 Repair expense 3800 3000 Equipment Salaries and wages payable Prepaid insurance Service revenue 3500 110000 Insurance expense 3200 Accumulated depreciation 17600 Retained earnings 30000 (beginning of year) Cash 13900 Common stock 12000 Accounts receivable 14200 Utilities expense Depreciation expense 5000 20000 1- Total Expense 2- Net Income

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