he accounts in the ledger of Monroe Entertainment Co. are listed in alphabetical order. All accounts have normal balances. Account Payable …

he accounts in the ledger of Monroe Entertainment Co. are listed in alphabetical order. All accounts have normal balances. Account Payable $419 Fees Earned $2,048 Accounts Receivable $720 Insurance Expense $434 Investment $4,180 Land $1,850 Cash $472 Wages Expense $852 Drawing $424 Capital $6,465 Determine the net income.