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The following is selected information related to Blossom Company at December 31, 2022. Blossom reports financial information monthly. Accounts Payable $ 4,312 Salaries and Wages

The following is selected information related to Blossom Company at December 31, 2022. Blossom reports financial information monthly. Accounts Payable $ 4,312 Salaries and Wages Expense $23,715 Cash 9,342 Notes Payable 35,932 Advertising Expense 8,624 Rent Expense 15,092 Service Revenue 76,896 Accounts Receivable 19,404 Equipment 41,682 Owners Drawings 10,780

What is the NET INCOME?

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