Saved Help Sas ! Required information [The following information applies to the questions displayed below.] A company's financial records at the end of the year were as follows: Cash 70,100 28,100 Accounts receivable Supplies Accounts payable Notes payable Retained earnings, beginning of period Contributed capital Service Revenue Wages expense Advertising expense Rent expense 4,100 10,100 5,050 17,100 41,000 52,350 8,100 5,100 10,100 What is the amount of net income on the income statement for the year? Multiple Choice 2 Multiple Choice 50,250 546.350 320 20050