The McKay Company just completed its first month of operatio…
The McKay Company just completed its first month of operations and had the following account balances: Cash 6,290 Advertising expense 2,633 Revenue ? Ending retained earnings 4,935 Supplies 345 Equipment ? Dividends 400 Notes payable 4,400 Payroll expense 18,046 Common stock 9,900 What is the company’s net income?