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Wilson Marketing Consulting, a proprietorship owned by Lin Wilson, was started on January 1 , 2 0 1 9 , with an investment of $

Wilson Marketing Consulting, a proprietorship owned by Lin Wilson, was started on January 1,2019, with an investment of $50,000 cash. The company prepares marketing plans for clients. It has been operating for one year. Business was quite slow in the first year of operations but has steadily increased. Wilson has made additional investments of $30,000 but has not made any withdrawals. The general ledger showed the following balances as of December 31,2019.
(Click the icon to view the account balances.)
The following transactions took place during the month of January 2020.
(Click the icon to view the transactions.)
Required
Requirement 1. What is the total net i
\table[[Cash,$25,000
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