The following information represents the activity that occurred during February 2015 for the Corona Company: (VD V vii. Cash purchases Cash sales $ 7,000 Collections from customers + 17.000 26,000 Cost of goods sold 22,000 Credit purchases 18,000 Credit sales 40.000 Payments made on credit purchases -10,000 viii. Insurance was paid for Feb. Mar, and ix. April 2015 3,000 X. Salaries incurred and paid in February 16,000 xi. Salaries incurred in February but unpaid xii. as of February 28, 2015 4,000 What is the het income for the Corona Company for the month ended February 2015? a. $ 0 NI = Revenue - Expense $ 9,000 $11,000 $14,000 = 17k+ 40k - 7ok-22k - 18 -34-16k e. $36,000