Presented here is information for Oriole Company for 2022. How to calculate the net income? Retained earnings, January 1 $171,600 Service revenue 528,000 Total expenses 231,000 Dividends 85,800
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| $171,600 | ||
| Service revenue | 528,000 | |
| Total expenses | 231,000 | |
| Dividends | 85,800 |
Net income = Total revenue - Total expenses
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