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What the net income reported by splish brothers inc

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Reference no: EM132497250

Question 1: Splish Brothers Inc. started the month of June 2022 with total assets of $212000 and total liabilities of $122000. During June, the business recorded $326000 in revenues, $168000 in expenses, and dividends of $75000. The net income reported by Splish Brothers Inc. for the month of June was

Option 1: $137000.

Option 2: $198000.

Option 3: $158000.

Option 4: $122000.

Reference no: EM132497250

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