Incorrect 0.00 points out of 1.00 Based on this data from the adjusted trial balance for Vases R Us , what will be the Net Income reported on the Income Statement ? Accounts Payable $ 50,000 Accounts Receivable $ 70,000 Accumulated Depreciation - Equipment $ 20,000 Capital Stock $ 119,000 Cash $ 70,000 Depreciation Expense - Equipment $ 10,000 Dividends $ 5,000 Equipment $ 100,000 Prepaid Rent $ 5,000 Rent Expense $ 1,000 Retained Earnings $ 20,000 Supplies $ 2,000 Supplies Expense $ 1,000 Service Revenue $ 50,000