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The following are the current month's balances for selected accounts of Sandlin Marketing Company. Accounts Payable $ 8 comma 000$8,000 Revenue 8 comma 0008,000 Cash
The following are the current month's balances for selected accounts of Sandlin Marketing Company.
Accounts Payable | $ 8 comma 000$8,000 |
Revenue | 8 comma 0008,000 |
Cash | 6 comma 5506,550 |
Expenses | 1 comma 2001,200 |
Furniture | 11 comma 00011,000 |
Accounts Receivable | 14 comma 00014,000 |
Common Stock | 9 comma 2509,250 |
Notes Payable | 7 comma 5007,500 |
What is the net income for Sandlin Marketing for the current month?
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