Answer:
$202,000
Explanation:
Given that,
Employee salaries expense = $192,000
Interest expense = 22,000
Rent expense = 32,000
Consulting revenue = 448,000
Net income:
= Consulting revenue - Employee salaries expense - Interest expense - Rent expense
= $448,000 - $192,000 - $22,000 - $32,000
= $202,000
Therefore, the net income of a company is $202,000.
