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Uno Pizza Store started the year with total assets of $150,000 and total liabilities of $85,000. During the year, the business recorded $175,000 in revfenues,
Uno Pizza Store started the year with total assets of $150,000 and total liabilities of $85,000. During the year, the business recorded $175,000 in revfenues, $90,000 in expenses, and dividends of $10,000. The net income reported by Uno Pizza Store for the year was:
A: $75,000
B: $85,000
C: $65,000
D: $175,000
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