(Answered) Question - express barber gave 400 haircuts this past month

Accounting

Question - Express Barber gave 400 haircuts this past month. They charge $18 per haircut. Expenses incurred during the month were $3500 wages, $288 utilities/water, and $350 shampoo/styling products. $2500 in wages were paid during the month, the rest of the wageslong dash-along with the utilities and shampoo/styling products were not paid during the month. What is Express Barber's net income or loss for the month?

A. Not enough information provided to calculate net income or loss

B. $4,700 net income

C. $3,062 net income

D. $3,988 net income

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