Refer to the following table: the net incomeor loss for the year wasa) 7,700b) 12,800c) 5,900d) 15,100following is a random list showing the account balances of various assets, liabilities, revenues, and expenses for michael's landscaping at december 31, 2013, the end of its first year of operations. accounts receivable $25,000accounts payable 3,500salary expense 4,500repairs expense 800truck 8,500equipment 6,300notes payable 8,200cash 6,800supplies expense 1,600service revenue 22,800gasoline expense 800salary payable 2,200the owner, michael mower, invested $22,600 at the beginning of the year and withdrew $5,000 during the year for personal use.