Determine the net income of a company for which the following information is available for the month of July. $$\begin{array} { l r }
\text { Employee salaries expense } & \$ 180,000 \
\text { Interest expense } & 10,000 \
\text { Rent expense } & 20,000 \
\text { Consulting revenue } & 400,000
\end{array}$$
A) $400,000.
B) $230,000.
C) $210,000.
D) $610,000.
E) $190,000.

Question

Determine the net income of a company for which the following information is available for the month of July. $$\begin{array} { l r } 
\text { Employee salaries expense } & \$ 180,000 \
\text { Interest expense } & 10,000 \
\text { Rent expense } & 20,000 \
\text { Consulting revenue } & 400,000
\end{array}$$
A) $400,000.
B) $230,000.
C) $210,000.
D) $610,000.
E) $190,000.

Quizplus · Accepted Answer

The Answer of Determine the net income of a company for which the following information is available for the month of July. $$\begin{array} { l r } 
\text { Employee salaries expense } & \$ 180,000 \
\text { Interest expense } & 10,000 \
\text { Rent expense } & 20,000 \
\text { Consulting revenue } & 400,000
\end{array}$$
A) $400,000.
B) $230,000.
C) $210,000.
D) $610,000.
E) $190,000.

Determine the Net Income of a Company for Which the Following