During 2024, a company provided services for cash of $33,600 and services on credit of...

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Accounting

During 2024, a company provided services for cash of $33,600 and services on credit of
$24,000. The company collected accounts receivable of $12,800 and incurred operating
expenses of $36,320, $22,400 of which were paid during the year. The amount of net
income (loss) for the year is:
a. $21,280.
b. $2,720.
c. $36,320.
d. $10,080.

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