How do I determine Preliminary Net Income? I have multiple of these.

An auto-body repair shop has been in business for 23 years a. Signed a long-term note and received a $160,000 loan from a local bank. b. Billed a customer $5,700 for repair services just completed. Payment is expected in 45 days c. Wrote a check for $625 of rent for the current month d. Received $740 cash from a customer for work done the same day e. The company incurred $780 in advertising costs for the current month and is planning to pay these costs next month 1. Prepare journal entries for the above transactions, which occurred during a recent month. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list View journal entry worksheet No Transaction General Journal Debit Credit Cash 160,000 Note Payable (long-term) 160,000 Service Revenue 5,700 Accounts Receivable 5,700 C. Rent Expense 625 Cash 625 4 Service Revenue 740 Cash 740 Advertising Expense Cash 780 780 Accounts Payable 780 2. Determine the auto-body shop's preliminary net income Preliminary Net Income