Based on the information provided how would you caculate the annual net income. Service Income $50,000Accounts Receivable $2,000Advertising Expense $1000Licenses Expense $500Supplies Expense $5000Telephone Expense $3000a. Service Income - Accounts Receivableb. Service Incomec. Service Income - (Advertising + Licenses + Supplies + Telephone)d. (Service Income + Accounts Receivable) - (Advertising + Licenses + Supplies + Telephone)e. Service Income - (Accounts Receivable + Advertising + Licenses + Supplies + Telephone)