Answer:
Net income             167,800
Explanation:
The net income will be determinate by the difference of the revenues and revenues:
Service revenue         300,000
Salaries expense 81,000
Rent expense    48,000
Utilities expense   3,200
Total expenses          132,200 Â
Net income             167,800
If provided with a tax rate, that value would be the earnigns before taxes (EBT)
We should also calculate the income tax and then, subtract the income tax to get the net income
