Adjusting entries affect at least one:
a) revenue and the dividends account
b) revenue and one stockholders' equity account
c) asset and one stockholders' equity account
d) income statement account and one balance sheet account

Roberto and reagan are both 25 percent owner/managers for bright light inc. roberto runs the retail store in sacramento, ca, and reagan runs the retail store in san francisco, ca. bright light inc. generated a $125,000 profit companywide made up of a $75,000 profit from the sacramento store, a ($25,000) loss from the san francisco store, and a combined $75,000 profit from the remaining stores. if bright light inc. is an s corporation, how much income will be allocated to roberto?