Question: Examine the table that follows. Then answer the following questions.
![267_Net.png](https://secure.tutorsglobe.com/CMSImages/267_Net.png)
a. What is the net income for each of the years listed? How did you find the answer?
b. In what year did sole proprietorships have the largest net income?
c. In what year did sole proprietorships have the largest net income as a percentage of business receipts? How did you find your answer?