Susans Consulting experienced the following transactions for Year its first year of operations, and Year Assume that all transactions involve the receipt or payment of cash.
Transactions for Year :
Acquired $ by issuing common stock.
Received $ cash for providing services to customers.
Borrowed $ cash from creditors.
Paid expenses amounting to $
Purchased land for $ cash.
Transactions for Year :
Acquired an additional $ from the issue of common stock.
Received $ for providing services.
Paid $ to creditors to reduce loan.
Paid expenses amounting to $
Paid a $ dividend to the stockholders.
Determined that the market value of the land is $
What is Susan's Net Income for Year
Do not enter dollar signs or commas in your answer.
