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Question 5 10 pts Your Corporation started a consulting business on January 1, 2021 by issuing $9,000 of common stock. What was net income for

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Question 5 10 pts Your Corporation started a consulting business on January 1, 2021 by issuing $9,000 of common stock. What was net income for the year given the following events? Prepaid $72,000 for 12 months of rent. Performed $98,000 of work for cash. Recorded $18,000 of operating expense on account. You were paid $80,000 for work that will be done later. Paid $9,000 of its accounts payable. Recognized $26,000 of rent expense. Paid a cash dividend of $6,000 to the stockholders Completed $35,000 of the prepaid work. O $97,000 O $89,000 O $25,000 O $83,000 O $80,000

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