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What is net income? 1 ) paid for 1 2 months of insurance $ 1 2 , 0 0 0 2 ) paid this month's

What is net income?
1) paid for 12 months of insurance $12,000
2) paid this month's cleaning expense $4,500
3) paid a dividend to stockholders $2,500
4) purchased a building for cash $27,500
5) issued stock $15,000
6) borrowed cash from bank $20,000
7) paid this months rent $3,000
8) received payment for completed job $25,000

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