Item$910$points Time Remaining $1$ hour $19$ minutes $57$ seconds $01$:$19$:$57$ eBook Hint Print References Check my work Check My Work button is now enabled Item $9$ Time Remaining $1$ hour $19$ minutes $57$ seconds $01$:$19$:$57$The most recent financial statements for Mandy Company are shown below:Income StatementBalance SheetSales$ $94,800$Current assets$ $35,000$Debt$ $45,600$Costs$67,950$Fixed assets$95,000$Equity$84,400$Taxable income$ $26,850$Total$ $130,000$Total$ $130,000$Tax $(22\%)5,907$ Net Income$ $20,943$