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What is net income? 1) paid this month's utilities expense $7,000 2) paid a dividend to stockholders $3,000 3) received payment for completed job $65,000

What is net income? 1) paid this month's utilities expense $7,000 2) paid a dividend to stockholders $3,000 3) received payment for completed job $65,000 4) purchased a building for cash $27,500 5) issued stock $15,000 6) borrowed cash from bank $20,000 7) paid this month's insurance $9,000 8) paid for 12 months of rent $18,000 $28,000 $35,500 O $46,000 $49,000 O $56,000

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