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Use the following information to answer the questions below.Plumbers-on-the-Go Ltd. started the year with total assets of $120,000 and total liabilities of $75,000. During the

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Use the following information to answer the questions below.Plumbers-on-the-Go Ltd. started the year with total assets of $120,000 and total liabilities of $75,000. During the year, the business recorded $82,000 in service revenues, $45,000 in expenses, and paid dividends of $2,500.The net income reported for the year was O a. $37,000. O b. $45,000. c. $82,000. O d. $34,500

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