Question $20(1$ point$)$ SavedIn June, Blackfly Ltd$.$ received a $$6,000$ cash payment for work performed & billed the previous month. The company replanted a clear$-$cut area of northern Alberta for which it sent out an invoice for $$20,000.$ At the beginning of the month the company had $$1,000$ of trees for planting. During the month the company purchased $$2,000$ more, and at the end of the month it was left with trees that had cost $$1,000.$ The company's expenses were $$1,000$ in rent for its office and $$3,000$ in other expenses.Amortization on the truck and office equipment was calculated to be $$1,500.$ The income tax rate is $10\%.$ Net income for June was $$11,250$ none of the listed answers are correct $ $9,900$ $$15,500)$ $$10,800$