Technology World had the following revenue and expenses during the month ended July 31. Fees for computer repairs Advertising expense Salaries expense Telephone expense Fees for printer repairs utilities expense $93, 660 16, 200 41,000 2,168 13, 460 3,420 Did the firm earn a net income or incur a net loss for the period? What was the amount? Answer is complete but not entirely correct. Net income 17,360