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Calculate the net income of safety walk company

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Reference no: EM132911272

Problem 1: Safety Walk Company provides dog walking services. Selected transactions for Safety Walk Company are as? follows: ?a) Owner contributed $1,000 cash, ?b) Paid $500 cash for an office desk, ?c) Borrowed $2,000 from a local bank; ?d) Paid $900 rent for the month; and ?e) Provided dog walking services for clients and received $1,500 cash. Calculate the net income.

Option 1: $600
Option 2: 3,100
Option 3: $100
Option 4: $1,600

Reference no: EM132911272

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