Assuming That Cost of Goods Sold for January Was $124,000,what

Multiple Choice

Assuming that cost of goods sold for January was $124,000,what was the net income for January?

A) $61,000.
B) $26,000.
C) $51,000.
D) $25,000.= 210,000 - 124,000 - 25,000 - 35,000 = $26,000.