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Please explain how you get the NET INCOME. What are your expenses that you will need to add? Marigold Corp. is a private camping ground

Please explain how you get the NET INCOME. What are your expenses that you will need to add? image text in transcribed
Marigold Corp. is a private camping ground near the Mount Miguel Recreation Area. It has compiled the following financial information as of December 31, 2017 Service revenue (from camping fees) Sales revenue (from general store) Accounts payable Cash Equipment $139,920 Dividends $9,540 53,000 11,660 Expenses during 2017 133,560 5,830 42,400 5,300 26,500 Notes payable 9,010 Supplies 20,840 Common stock Retained earnings (1/1/2017) Determine Marigold Corp's net income for 2017. Marigold Corp:'s net income for 2017

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