The following information relates to Wildhorse Co. for the year 2022.
Retained earnings, January 1, 2022
Dividends during 2022
Service revenue
Salaries and wages expense
Your answer is incorrect.
$51,840
5,400
Net income/(loss) $
67,500
30,240
After analyzing the data, compute net income.
Advertising expense
Rent expense
Utilities expense
Other comprehensive income (net of tax)
$1,940
11,230
3,350
430