Answer:
$100,000
Explanation:
Net income is the income available to a company after the deduction of expenses.
With regards to the above, we will calculate the net income as ;
Net income = Revenue recorded - Expenses.
Give that;
Revenue recorded = $725,000
Expenses = $625,000
Net income = $725,000 - $625,000
Net income = $100,000
Therefore, Nash's LLC net income for the year is $100,000.
