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The following information relates to Whispering Winds Corp. for the year 2022. Retained earnings, January 1, 2022 $44,160 Advertising expense $1,660 Dividends during 2022

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The following information relates to Whispering Winds Corp. for the year 2022. Retained earnings, January 1, 2022 $44,160 Advertising expense $1,660 Dividends during 2022 4,600 Rent expense 9,570 Service revenue 57,500 Utilities expense 2,850 Salaries and wages expense 25,760 Other comprehensive income (net of tax) 370 (a) * Your answer is incorrect. After analyzing the data, compute net income. Net income/(loss) $ 18030

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