Question 20: Net profit for the month of April is

QED Electronics Company had the following transactions during April while conducting its television and stereo repair business.
a. Parts with a cost of $1,600 were received and used during April.
b. Service  revenue  for  the  month  was  $33,400,  but  only  $20,500  was  cash  sales. c. Interest expense on loans outstanding was $880.
d. Wage costs for the month totaled $10,000; however, $1,400 of this had not yet been paid to the employees.
e. Parts inventory from the beginning of the month was depleted by $2,100.
f. Utility bills totaling $1,500  were  paid.  $700  of  this  amount  was  associated  with March’s operations.
g. Depreciation expense was $2,700.
h. Selling expenses were $1,900.
i. A provision for income taxes was established at $2,800, of which $2,600 had been paid to the federal government.
j. Administrative and miscellaneous expenses were recorded at $4,700
Based on the above data, answer the given subquestions.

Net profit for the month of April is