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This question: 1 point(s) possible Submit test Pinker Corporation began the year with cash of $37,000 and a computer that cost $17,000. During the
This question: 1 point(s) possible Submit test Pinker Corporation began the year with cash of $37,000 and a computer that cost $17,000. During the year, Peker eamed sales revenue of $115,000 and had the following expenses salaries $65,000, rent, $8,000, and utilities $3500 Al year end, Pinker's cash balance was down to $19,000. How much net income (or net loss) did Pinker experience for the year? OA. $38,500 OL (18,000) OC $115,000 OD $110,000
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