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The following 2 0 2 2 financial information pertains to Koosman Konsulting, established on January 1 , 2 0 2 2 : 1 . Started

The following 2022 financial information pertains to Koosman Konsulting, established on January 1,2022:
1. Started company by selling $250,000 of common stock on January 1,2022.
2. Invested $100,000 cash in an office building and computer systems in 2022.
3. Generated and collected revenues of $125,000 cash in 2022 by providing consulting services.
4. Paid all $80,000 of expenses in cash in 2022.
5. Paid a $10,000 cash dividend in 2022.
Determine Koosmans net income for 2022.
Select answer from the options below
$80,000
$45,000
$125,000
$35,000

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