How much revenue did Mason earn for the year

Reference no: EM133223894

Question - Mason Corporation began the year with cash of $30,000 and a computer that cost$42,000. During the year, Mason reported net income of $55,000 and had the followingexpenses: salaries, $58,000; rent, $6,500; and utilities, $500. At year-end, Mason's cashbalance was down to $75,000. How much revenue did Mason earn for the year?

Reference no: EM133223894

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