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# Blythe- a real estate broker- had the following income and expenses in.docx

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# Blythe- a real estate broker- had the following income and expenses in.docx

Blythe, a real estate broker, had the following income and expenses in her business. How much net income must Blythe report from this business? a. \$160.000 b. \$158.500 c. \$134.000 d. \$104.000
Solution
Solution-
c. 134,000
Calculation-
Net income must Blythe report from this business = Commissions income - Referrals ffes paid to brokers (not illegal under state law) - Travel and transportation - Supplies - Office and phone
Net income must Blythe report from this business = \$160,000 - \$11,000 - \$6,000 - \$5,000 -\$4,000
Net income must Blythe report from this business = \$134,000
.

Blythe, a real estate broker, had the following income and expenses in her business. How much net income must Blythe report from this business? a. \$160.000 b. \$158.500 c. \$134.000 d. \$104.000
Solution
Solution-
c. 134,000
Calculation-
Net income must Blythe report from this business = Commissions income - Referrals ffes paid to brokers (not illegal under state law) - Travel and transportation - Supplies - Office and phone
Net income must Blythe report from this business = \$160,000 - \$11,000 - \$6,000 - \$5,000 -\$4,000
Net income must Blythe report from this business = \$134,000
.

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### Blythe- a real estate broker- had the following income and expenses in.docx

1. 1. Blythe, a real estate broker, had the following income and expenses in her business. How much net income must Blythe report from this business? a. \$160.000 b. \$158.500 c. \$134.000 d. \$104.000 Solution Solution- c. 134,000 Calculation- Net income must Blythe report from this business = Commissions income - Referrals ffes paid to brokers (not illegal under state law) - Travel and transportation - Supplies - Office and phone Net income must Blythe report from this business = \$160,000 - \$11,000 - \$6,000 - \$5,000 - \$4,000 Net income must Blythe report from this business = \$134,000