Here are the financial figures for White Sands Corp. as of September 30, 2024. Calculate the company's net income.

Description	Debit ($)	Credit ($)
Capital Account		250,000
Drawings	30,000
Sales		500,000
Purchases	220,000
Salaries	50,000
Utilities	18,000
Rent	22,000
Miscellaneous Expenses	9,000
Profit and Loss		11,000

Requirements:

1. Compute total debits and credits.
2. Determine net income.
3. Explain the impact of utilities on net income.
4. Assess the profit and loss balance.