Given the following adjusted trial balance:
debit credit
cash $1762
accounts receivable 2224
inventory 3311
prepaid rent 91
equipment 320
accumulated depreciation-equipment
$55
accounts payable 87
unearned service revenue
129
common stock 218
retained earnings 7010
service revenue 390
interest revenue 59
salaries and wages expense
170
travel expense 70
total $7948
net income for the year is

The net income for the year is $209

Explanation:

Net income: It the income which is left after paying all the expenses.

In the simplest form,

The net income = Total revenue - total expenditure

So, the net income would equal to

= Service revenue + interest revenue - Salaries and wages expense - Travel expense

= $390 + $59 - $170 - $70

= $209

All other items which are presented in the question are related to the balance sheet so these all items would not be considered in the computation part.

answer; ///i believe the correct two answer are (1) paid in capital; and (2) earned   capital; good luck

107x106 is the answer