Question: Exercise 2.6 (Algo) Computing net Income or net loss. LO 2-4 Technology World had the following revenue and expenses during the month ended July 31.

Exercise 2.6 (Algo) Computing net Income or net loss. LO 2-4 Technology World had the following revenue and expenses during the month ended July 31. Fees for computer repairs Advertising expense Salaries expense Telephone expense Fees for printer repairs Utilities expense $36, 600 4,700 17,500 1,450 4,950 800 Did the firm earn a net income or incur a net loss for the period? What was the amount

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