In June, Kipper Ltd. received a $6,000 cash payment for work billed the previous month. The company replanted a dear-cut area of northern Alberta for which it sent out an invoice for $25,000. At the beginning of the month the company had $2,000 of trees for planting. During the month the company purchased $4,000 more, and at the end of the month it was left with trees that had cost $1,000. The company's expenses were $1,000 in tent for its office and $3,000 in other expenses. Amortization on the truck and office equipment was calculated to be $500. The income tax rate is 1096 The sales revenge for the company for the month of June was of tion Select one: a $25,000 b. $31.000 C. $5000 d. $20,000 0 in June, Kipper Ltd. received a $6.000 cash payment for work billed the previous month. The company replanted a dear-cut area of northern Alberta for which it sent out an invoice for $25,000. At the beginning of the month the company had $2,000 of trees for planting. During the month the company purchased $4,000 more and at the end of the month it was left with trees that had cost $1,000. The company's expenses were $1,000 in rent for its office and $3,000 in other expenses Amortization on the track and office equipment was calculated to be $500. The income tax rates 10%. The gross profit for the company for the month of June was at of hon Select one O a $25,000 O b. $20,000 O $25,000 d. $15,500 30 PM