“Doggie Grooming provides grooming services for pets. In April, the company earned $ 16,000 in revenues and incurred the following operating costs to groom 610 dogs:Wages $4,583Grooming Supplies Expense: 1,675Building Rent Expense: 600Utilities Expense: 285Depreciation Expense—Equipment: 55Requirements1. What is Doggie’s net income for April? 2. What is the cost of service to groom one dog?”,”Doggie’s Income StatementMonth Ended April 30 Revenues:Service Revenue $16,000Expenses: Wages Expense $4,583 Grooming Supplies Expense 1,675 Building Rent Expense 600 Utilities Expense 285 Depreciation Expense—Equipment 55 Total Expenses 7,198Net Income (Loss) $8
802Requirement 2. What is the cost of service to groom one dog?$11.80(total operating costs / number of dogs groomed)”