Question: Presented here is information for DeVito Inc. for 2014. Retained earnings, January 1 $130,780 Service revenue 402,400 Total expenses 176,050 Dividends 65,390 Calculate the net
Presented here is information for DeVito Inc. for 2014.
| Retained earnings, January 1 | $130,780 | |
| Service revenue | 402,400 | |
| Total expenses | 176,050 | |
| Dividends | 65,390 |
Calculate the net income.
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