The income statement illustrates that the net income will be $3530.
<h3>How to calculate the income statement?</h3>
The income statement will be:
<u>Revenue</u>
Consulting revenue 18350
<u>Expenses</u>
Miscellaneous expenses 720
Rent expense 4820
Salaries expense 8370
Telephone expenses 910
Total expenses 14820
Net income = 18350 - 14820 = 3530
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21.3 is the correct answer.
Answer: I think it's B but i might be wrong
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