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Given the following information, calculate net income for this company Account Balance Cash $12,500 Deferred Revenue $8,300 Accounts Payable $29,100 Revenue $148,700 Total Long-Term Assets

Given the following information, calculate net income for this company

Account Balance
Cash $12,500
Deferred Revenue $8,300
Accounts Payable $29,100
Revenue $148,700
Total Long-Term Assets $65,200
Accounts Receivable $13,800
Administrative Expenses $41,200
Inventory $13,500
Cost of Sales $37,500
Prepaid Insurance $1,400

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