Required information

Problem $13-6$AA $($Algo$)$ Income statement computations and format LO A$2$

$[$The following information applies to the questions dispolayed below$]$

Selected account balances from the adjusted trial balance for Olinda Corporation as of its calendar year$-$end December $31$

follow. Assume that the company's income tax rate is $30\%$ for all items

Problem $13-6$AA $($Algo$)$ Part $4$

What is the amount of net income for the year?