Question Completion Status: 23. The following balances relate to Jim's Moving Service for the month ended March 31, 2020. (show your work on calculations) (10 points) Sales revenue 73,450 Dividends Paid 795 Wages expense 15,550 General & Administrative expense 4,240 Utilities expense 2,890 Loss on Sale of Building 10,000 Cost of Goods Sold 21,420 Income tax expense 1,670 Retained earnings 3/1/20 9,800 Determine Jim's gross profit for the month of March Question Completion Status: Cost of Goods Sold Income tax expense Retained earnings 3/1/20 21,420 1,670 9,800 Determine Jim's gross profit for the month of March. Determine Jim's net income for the month of March. Determine Jim's retained earnings balance at 3/31/20