Required information Knowledge Check 01 The adjusted trial balance for Willow Company as of December 31 is presented below. Debit Credit $ 15,000 Cash Accounts Receivable 22,000 Land 165,000 Accounts Payable $32,000 Common Stock 60,000 Retained Earnings 89,000 Service Revenue Salaries Expense 57,000 19,000 Advertis ing Expense 11,000 Utilities Expense 6,000 Totals $238,000 $238,000 Calculate net income. Multiple Choice ( Prev 24 25 26 28 of 40 Next > Required information 6 Multiple Choice $21,000 ces $57,000 $68,000 $238,000 Prev 24 28 of 40 Next 26 25