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e Chegg Study | Guided Se At The Beginning Of Th x https://edugen.wileyplus.com/edugen/student/mainfr.uni S Kimmel, Accounting, 6e ractice Assignment Gradebook ORION Downloadable eTextbook gnment Exercise 1-6 (Part Level Submission) Presented here is information for Whispering Winds Corp. for 2017. Retained earnings, January 1 Service revenue Total expenses Dividends $156,000 480,000 210,000 78,000 (a) Calculate the net income dy Net income $ LINK TO TEXI VIDEO: The parts of this question must be completed in order. This part will be available when you

Solution

Net income=Service revenue-Total expenses

Service revenue	480,000
Less:total expenses	210,000
Net income	$270,000.