Question: On December 3 1 , 2 0 2 3 , Vivid Corporation prepared adjusting entries that included the following items: Depreciation expense: $ 3 4

On December 31,2023, Vivid Corporation prepared adjusting entries that included the
On December 31,2023, Vivid Corporation prepared adjusting entries that included the following items:
Depreciation expense: $34,000.
Accrued sales revenue: $32,000.
Accrued expenses: $13,000.
Used insurance: $6,000; the insurance was initially recorded as prepaid.
Rent revenue earned: $4,000; the rent was initially prepaid by the tenant and credited to unearned rent revenue.
If Vivid Corporation reported pretax income of $260,000 prior to the adjusting entries, how much is Vivid's pretax income after the adjusting entries?
following items: Depreciation expense: $34,000. Accrued sales revenue: $32,000. Accrued expenses: $13,000.

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