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S-Corporations Question 8 of 15. Enfuego Cafe finished the year with $55,000 in gross receipts and sales. During the year, customers of Enfuego Cafe

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S-Corporations Question 8 of 15. Enfuego Cafe finished the year with $55,000 in gross receipts and sales. During the year, customers of Enfuego Cafe refunded a total of $975. The total compensation expense for their officers was $39,845. The company also paid their annual rent of $12,000. What is the total income reported on the Form 1120-S, line 6? $2,180 $3,155 $54,025 $55,000 Mark for follow up

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