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Compute Yeti Financial Advisors's net income for the year ended December 31, 2020,
using the provided adjusted trial balance.
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(Click the icon to view the adjusted trial balance.)
Complete the income statement below to calculate net income. (Use parentheses or a minus sign for a net loss.)
Adjusted trial balance
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| Yeti Financial Advisors |
| Adjusted Trial Balance |
| December 31, 2020 |
| | Account Title | Debit | Credit | |
| | Cash | $590 | | |
| | Office supplies | 380 | | |
| | Equipment | 20,600 | | |
| | Accumulated amortizationequipment | | $1,200 | |
| | Accounts payable | | 540 | |
| | Interest payable | | 700 | |
| | Note payable | | 3,100 | |
| | Y. Benoit, capital | | 4,300 | |
| | Service revenue | | 17,650 | |
| | Rent expense | 3,050 | | |
| | Interest expense | 1,450 | | |
| | Amortization expenseequipment | 760 | | |
| | Supplies expense | 660 | | |
| | Total | $27,490 | $27,490 | |
Complete the income statement below to calculate net income
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