The net income of the company available for the month of September is $166,300.
Net income refers to the quantity of accounting income an organization has left over after paying off all its expenses. Net income is observed via way of means of taking income sales and subtracting COGS, SG&A, depreciation, amortization, hobby expense, taxes, and every other expense.
Calculation of Net income:
Service revenue $330,000
Less: Rent expense $63,000
Utilities expense $4,700
Salaries expense $96,000
Net Income $166,300
Therefore, The net income of the company available for the month of September is $166,300.
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