Question: please help the fourth option for the answer is 2820 Jing Company was started on January 1, Year 1when it issued common stock for $33.000

please help
the fourth option for the answer is 2820  please help the fourth option for the answer is 2820 Jing

Jing Company was started on January 1, Year 1when it issued common stock for $33.000 cash. Also, on January 1, Year 1 the company purchased office equipment that cost $15.700 cash. The equipment was delvered under terms FOB shipping point, and transportation cost was $1800. The equipment had a five year useful Ife and a $6,200 expected salvage value. Deprecia Expected Deprecia Year Assume thal Jing Company earned $21.400 cash revenue and incurred $13,500 in cash expenses in Year 3. Using straight-Ine deprediatlion and assuming that the office equipment was sol on December 31, Year 3 for $10.400. the amount of net income ot (loss) appearing on the December 31, Yeat 3 income statement would be Purchase Adate Multiple Choice Amount of de $128 $5.320 Amount of acc $11.200 $1,620) Comment > $4680 rime Proj. docx

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