Edit View History Bookmarks Profiles Tab Window Help oduction to Accounting-AC x Question 8 - CHAP 2 - QUIZ - Updates Available zto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252 Do you want to install the - QUIZ Saved Help Save & Exit Subn MC Qu. 2-68 (Algo) At the end of the... At the end of the first month of operations for Jackson's Catering Service, the business had the following accounts: Cash, $20,300; Prepaid Rent, $500; Equipment, $7,500 and Accounts Payable $4,000. By the end of the month, Jackson's had earned $42,350 of Revenues, and used $3,130 of Utilities Expenses, $6,850 of Rent Expense and $4,360 of Salaries Expenses. Calculate the net income to be reported by the company for this first month. Multiple Choice O $42,350 O $28,010 O $32,370 O $28,510 MacBook Pro 886 DO 8 O 3 5 6