Riley and Gretchen run a shuttle service from Times Square to New York's JFK airport. Last month, they recorded the following: Revenues   $ 2400 Fuel Charge  900 Banking Expenses 20 Insurance Expense 70 Van Depreciation 250 If 25% of their net income is paid to the government in taxes, what is their net income after taxes?

Answer rating: 100% (QA)

To calculate their net income after taxes we need to deduct ... View the full answer