If beginning capital was $25,000, ending capital is $37,000, and the owner's withdrawals were $23,000.?

23K+37K-25K=35K

b. net income of $35,000 -> net profit of $35000, right?

The answer is B. net income of $35,000.

Computation of profit: Opening Capital($.25,000)+Net Profit-Withdraw($23000)=Ending Capital($37000), So, Net profit will be $35000

The correct answer is option-B

The answer is B

Beg. Balance + Net Income - Withdrawals = Ending Balance

Net income of $35000 is the amount of total period. 

net income  of35000    of this business