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Business, 02.01.2021 02:30 riiba002

Based on the information provided how would you calculate the annual net income?Annual Activities Service Income $50,000Accounts Receivable $2,000Advertising Expense $1,000Licenses Expense $500Supplies Expense $5,000Telephone Expense $3,000A) Service Income - Accounts Receivable B) Service Income
C) Service Income - (Advertising + Licenses + Supplies + Telephone)
D) (Service Income + Accounts Receivable) - (Advertising + Licenses + Supplies + Telephone)
E) Service Income - (Accounts Receivable + Advertising + Licenses + Supplies + Telephone)

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