At sam’s swimming pool cleaning, sam charges each of his 85 customers $25 per week for 52 weeks of service every year. since pool cleaning is a service, it has no cost other than labor and supplies, which cost sam $48,000 each year. calculate sam’s annual net income.

$ 62,500

Explanation:

1. calculating weekly revenue: 85 clientX25 dollars

       85x25=2,125.00

 2. Annual income:     2, 125x52=110,500 dollars.                      

3. Annual  expenses: =48,000 dollars

4. Annual revenue:  revenue - expenses=62,500.00

Annual income  dollars: 62,500.00

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