Spila Motors Inc. earned income of $69,000 from its operating activities for a specified period. During the same period, it sold an asset and earned a gain of $3,000. It also incurred expenses on operating activities for $33,000 and on non-operating expenses for $8,000. What was the net profit made by Spila for the specified period?A. $41,000B. $72,000C. $31,000 D. $39,000

The right answer is Option C.Step-by-step explanation:Income = $69000Gain = $3000Total earned= Income + Gain[tex]Total = 69000+3000=\$72000[/tex]Expenses on operating activities = $33000Expenses on non operating activities = $8000Total expenses = 33000+8000 = $41000Profit = Total earned - Total expenses[tex]Net\ profit=72000-41000=\$31000[/tex]The net profit made by Spila was $31000.The right answer is Option C.Keywords: net profit, subtractionLearn more about subtraction at:brainly.com/question/4279146brainly.com/question/4354581#LearnwithBrainly