During March, Bindi Company Earned Revenue of €270,000 on Account

Multiple Choice

During March, Bindi Company earned revenue of €270,000 on account of which €178,000 had been collected by the end of the month. The company incurred expenses of €156,000. The company paid all of its expenses in cash as well as paying dividends of €46,000. Net income (loss) for the month is

A) (€24,000) .
B) €22,000.
C) €68,000.
D) €114,000.