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The following information was taken from the accounting records of ABC Company for the period ended January 31, 2019: (at January 1, 2019) Cash Retained
The following information was taken from the accounting records of ABC Company for the period ended January 31, 2019: (at January 1, 2019) Cash Retained Earnings Advertising Expense Cost of Goods Sold Rental Revenue Accounts Payable Common Stock Accumulated Depreciation Accounts Receivable Income Tax Expense Inventory Wage Expense Sales Revenue Trademark Buildings and Land $29,000 $66,000 $17,000 $36,000 $11,000 $38,000 $72,000 $17,000 $45,000 $14,000 $51,000 $12,000 $93,000 $10,000 $83,000 Calculate the amount of net income earned by ABC Company in the month of January
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