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The statement below is likely from which of the following type of business and form of Income Statement For the year ended 30th June Fees

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The statement below is likely from which of the following type of business and form of Income Statement For the year ended 30th June Fees revenue $189 000 Expenses: Supplies expense 98 000 Selling expenses 8000 Financing expenses 1750 General & administrative 12 000 expenses 119 750 Total expenses 69 250 Net profit before tax 22 000 Income tax expense 47 250 Net profit after tax O a. a merchandising company O b. a merchandising partnership O c. a service sole-proprietorship O d. a service company O e. a merchandising sole-proprietorship

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