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Annette [7]
3 years ago
11

Sunny Corporation began the year with cash of $ 142 comma 000 and land that cost $ 47 comma 000. During the year Sunny earned se

rvice revenue of $ 285 comma 000 and had the following​ expenses: salaries, $ 185 comma 000​; ​rent, $ 81 comma 000​; and​ utilities, $ 25 comma 000. At​ year-end Sunny​'s cash balance was down to $ 79 comma 000. How much net income​ (or net​ loss) did Sunny experience for the​ year?
Business
1 answer:
Dmitry [639]3 years ago
6 0

Answer:

How much net income​ (or net​ loss) did Sunny experience for the​ year?

Net loss 6000

Explanation:

Cash 142.000

Land 47.000

 

Revenue    285.000

Salaries          185.000

Rent            81.000

Utilities            25.000

Net loss     -6.000

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