Answer:
During 2024 , Whisper Breeze Spa reported revenue of \( \$ 35,000 \). Total expenses for the year were \( \$ 13,000 \). Whisper Breeze Spa ended the year with total assets of \( \$ 54,000 \), and it o During 2024 , Whisper Breeze Spa reported revenue of \( \$ 35,000 \). Total expenses for the year were \( \$ 13,000 \). Whisper Breeze Spa ended the year with total assets of \( \$ 54,000 \), and it owned \( \$ 7,000 \) to the bank. What was Whisper Breeze Spa's net
income in 2024 Whisper Breeze Spa's net income in 2024 can be found as follows: :Net Income = Revenue - Expenses Net Income = $35,000 - $13,000Net Income = $22,000The is, Whisper Breeze Spa's net income in 2024 was $22,000.:Net Income = Revenue - Expenses Net Income = $35,000 - $13,000Net Income = $22,000Thus, Whisper Breeze Spa's net income in 2024 was $22,000.