Income Statement For the Month Ended March 31, 2018 Revenue: Service revenue 25,000 Expenses Salaries expense Rent expense Utilities expense Supplies expense Insurance expense Total Expenses 6,500 3,000 1,600 1,000 650 12,750 Net income 12,250 The accounts of Shark Computer Repair, Inc., and their normal balances at March 31, 2018, follow. The accounts are listed in n EB (Click the icon to view the account balances.) Read the requirements. Assets Liabilities Cash Accounts receivable Supplies Land Building 16,000Accounts payable 6,500 Notes payable 4,500 79,000 83,500 650 Total liabilities 67,000 102,000 Common stock Stockholders' Equity Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 94,300 14.350 108,650 192,150 192 150 Total liaieaoders' equity 192 150 Total assets Requirement 3. Was March a profitable month for Shark Computer Repair, Inc.? Why or why not? a profitable month as apparent from the Choose from any list or enter any number in the input fhelds and thea continue to the next