Question: During 2016. a company provided services for cash of $21,000 and services on credit of $15,000. The company collected accounts receivable of $8,000 and incurred operating expenses of $22, 700 $14,000 of which were paid during the year. The amount of net income (toss) for the year is? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.