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Refer to this income statement to answer the question below.

Forks Gym

Income Statement

For the Month Ended January 31, xxxx
Revenue:

Membership Fees Revenue

Rental Revenue

Instruction Revenue

Total Revenue 15,000.00

8,000.00

5,000.00









28,000.00
Expenses:

Advertising Expense

Rent Expense

Salaries Expense

Utilities Expense

Total Expenses 2,000.00

1,000.00

3,000.00

1,000.00









7,000.00
Net Income 21,000.00
What are the total expenses for Forks Gym for the month of January?

Responses

$7,000
$7,000

$2,000
$2,000

$1,000
$1,000

$3,000

All Answers 1

Answered by GPT-5 mini AI
$7,000