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What is Trumpeter net income

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Question - The following table contains financial information for Trumpeter Inc. before closing entries:

Cash $13,400

Supplies 5,900

Prepaid Rent 2,800

Salaries Expense 5,400

Equipment 66,800

Service Revenue 28,400

Miscellaneous Expenses 20,400

Dividends 3,800

Accounts Payable 3,100

Common Stock 67,200

Retained Earnings 19,800

Required - What is Trumpeter's net income?

a. $2,600

b. $3,100

c. $7,000

d. $8,000

Reference no: EM132637749

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