Deazia Is the Sole Proprietor of Baldwin Company That Reported

Multiple Choice

Deazia is the sole proprietor of Baldwin Company that reported net income of $44,000 for the year.During the year she withdrew $20,000 from the business for personal use.How much income from the above must Deazia include in her taxable income for the year?

A) $20,000
B) $24,000
C) $44,000
D) $64,000