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Kareem's Rental Ltd.started the year with total assets of $70,000 and total liabilities of $40,000.During the year, the business recorded $100,000 in car repair revenues, $65,000 in expenses, and paid dividends of $5,000.
-The profit reported for the year was
A)$30,000.
B)$35,000.
C)$20,000.
D)$100,000.

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Use the following information for questions 
Kareem's Rental Ltd.started the year with total assets of $70,000 and total liabilities of $40,000.During the year, the business recorded $100,000 in car repair revenues, $65,000 in expenses, and paid dividends of $5,000.
-The profit reported for the year was
A)$30,000.
B)$35,000.
C)$20,000.
D)$100,000.

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The Answer of Use the following information for questions 
Kareem's Rental Ltd.started the year with total assets of $70,000 and total liabilities of $40,000.During the year, the business recorded $100,000 in car repair revenues, $65,000 in expenses, and paid dividends of $5,000.
-The profit reported for the year was
A)$30,000.
B)$35,000.
C)$20,000.
D)$100,000.

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