CashAccounts ReceivableSuppliesAccounts PayableNotes PayableRetained Earnings, beginning of yearCommon StockService RevenueWages ExpenseAdvertising ExpenseRent Expense$ 71,20029,2005,20011,2005,60018,20052,00045,2009,2006,20011,200What is the amount of net income on the Income Statement for the year?

CashAccounts ReceivableSuppliesAccounts PayableNotes PayableRetained Earnings beginning of yearCommon StockService RevenueWages ExpenseAdvertising ExpenseRent E class=