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The following items were listed by Shiny Dentures Company for the month of September. Common Stock: $42,000 Accounts payable: 7,000 Equipment: 40,000 Service revenue: 22,000

The following items were listed by Shiny Dentures Company for the month of September.

  • Common Stock: $42,000
  • Accounts payable: 7,000
  • Equipment: 40,000
  • Service revenue: 22,000
  • Dividends: 6,000
  • Supplies expense: 3,500
  • Cash: 5,000
  • Utilities expense: 700
  • Dental supplies: 2,800
  • Salaries expense: 7,000
  • Accounts receivable: 4,000
  • Rent expense: 2,000

Determine the companys Net income for the month of September.

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