These partially completed Income statement columns from a 10-column worksheet are for Brown's Bike Rental Company

These partially completed Income statement columns from a 10-column worksheet are
for Brown's Bike Rental Company. The owner, H. Brown, did not make any withdrawals this period.
or Brown's Bi e
Account Title
Rent earned
Salaries expense
insurance expense
Office supplies expense
Bike repair expense
Depree ratio n expense-Bikes
Debit Creer
6Q..160
8.820
20.580
4.340
26.740
140.000

1. Using the above information, determine the net income.

Net income 17,360

2. Prepare Brown's Bike Rental Company, closing entries.