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See accounting question regarding income statements below: Question 7 O Mark this question If Lyle has $4,000 in liabilities, $12,000 in assets, $2,000 in expenses

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See accounting question regarding income statements below:

image text in transcribed
Question 7 O Mark this question If Lyle has $4,000 in liabilities, $12,000 in assets, $2,000 in expenses and $17,000 in equity, which figure should he include on his income statement? O $12,000 $4,000 O $2.000 O $17,000 Save and Continue

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