Part $1$ of $2$

Points: $0$ of $1$

During $2024,$ Whisper Creek Spa reported revenue of $$35,000.$ Total expenses for the year were $$29,000.$ Whisper Creek Spa ended the year with total assets of $$26,000,$ and it owed debts totaling $$10,000.$ At year$-$end $2023,$ the business reported total assets of $$20,000$ and total liabilities of $$10,000.$

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