Question: Current Attempt in Progress Blossom's Electronic Repair Shop started the year with total assets of $301000 and total liabilities of $216000. During the year, the

Current Attempt in Progress Blossom's Electronic Repair Shop started the year with total assets of $301000 and total liabilities of $216000. During the year, the business recorded $512000 in electronic repair revenues, $314000 in expenses, and Blossom withdrew $50700. The net income reported by Blossom's Electronic Repair Shop for the year was O $135700. O $70300 O $268300 O $198000

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