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Name Student Number question 4 ( 6 marks) Given the following adjusted trial balance: JIMBO...

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Name Student Number question 4 ( 6 marks) Given the following adjusted trial balance: JIMBO CORPORATION Adjusted Triat Balance November 30, 2024 cash Temporary investments Accounts receivable imventory Prepaid expenses Land Bulldings Equipment Patents Accumulated depreciation-buildings Accumulated depreciation-equipment Accounts payable Accrued expenses Deferred revenue. Note payable-due in 4 years. Preferred shares Common shares Retained earnings Sales Revenue Interest income Cost of goods sold Operating expenses interest expense Income tax expense Debit $25,000 40,000 58,000 79,000 7,000 125,000 352,000 117,000 21,000 Credit 88,00029,25060,00012,00018,000125,000100,000250,000130,250420,00019,750 285,600 137,000 3,400 2,250 $1,252,250 $1,252,250 Instructions a) Calculate ( 3 marks) 1. net income (loss)

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