oblems: Series A

Net income. $$125,000$

PR $4-1$A Financial statements and closing entries and lighthouses. Light$-$It$-$Up Company prepared the following end$-$of$-$period spreadshem August $31,20Y5,$ the end of the fiscal year:

$1.$ Fletained

earnings, November

$30$: $$185,800$

ME HOW