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Question 14 of 50 -74 = The following items are taken from the financial statements of the Ayayai Service for the year ending December 31,
Question 14 of 50 -74 = The following items are taken from the financial statements of the Ayayai Service for the year ending December 31, 2018: Accounts payable $ 17600 Accounts receivable 11100 Accumulated depreciation - equipment 27400 Advertising expense 20900 Cash 15300 Common stock 42100 Dividends 14000 Depreciation expense 12100 Insurance expense 3000 Note payable, due 6/30/19 70800 Prepaid insurance (12-month policy) 6000 17000 55500 Rent expense Retained earnings (1/1/18) Salaries and wages expense Service revenue Supplies 32500 134100 4000 ook Pro Supplies expense 6100 Equipment 205500 What is the company's net income for the year ending December 31, 2018? $28500 O $12100 $42500 O $134100 Save for Later Atamnte. af 1 uced Gulve
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