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Business, 25.08.2021 01:00 allsherm23

The following items were taken from the records of anasonic corporation for the month of october. Sales revenue $620,000
Salaries expense 80,000
Capital stock issued 140,000
Cost of goods sold 335,000
Service revenues 55,000
Rental expense 45,000
Repairs and maintenance
expense 54,000
Retained earnings,
October 1 230,000
Accounts payable 40,000
Taxes expense 30,000
Dividends declared
and paid 13,000
Compute NET INCOME for October.
a. $118,000.
b. $131,000.
c. $218,000.
d. $258,000.

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