Question: The data in the table below come from the XYZ Company financial statements for 2019 and 2020 (all amounts are in dollars). The balance sheet



The data in the table below come from the XYZ Company financial statements for 2019 and 2020 (all amounts are in dollars). The balance sheet accounts listed in the table are the only items on the company's balance sheet for each year and the income statement accounts are the only items on the company's income statement for each year. Using this data, net income in 2020 was $ O 1) 16,260 2) 16,060 3) 16,360 4) 15,960 5) 16,160
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