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Given only the following information, calculate net profit. $ Cash 25,000 Accounts receivable 90,000 Sales 100,000 Insurance expense 2,500 Wages 30,000 Drawing 10,000 Unearned revenue

Given only the following information, calculate net profit. $ Cash 25,000 Accounts receivable 90,000 Sales 100,000 Insurance expense 2,500 Wages 30,000 Drawing 10,000 Unearned revenue 5,000 Equipment 110,000 $125,000 $57,500 $67,500 $72,500

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