Question

At his comic book store, Korey's Comics, Korey sells approximately $3,250 in comic books each month.

But as a comic book dealer, Korey only pays $1,285 for these comic books. Korey's monthly operating expenses, including labor, are $875. Calculate Korey's monthly net income.

Answer 1

• Korey's monthly net income is $1090

Explanation:

The spending is the cost plus expenses:

• 1285 + 875 =
• 2160

Net income is the difference of money made and spent:

• 3250 - 2160 =
• 1090