Calculate national income by income and expenditure methods from the data given below1. Wages = 15002. Rent = 5003. Interest = 5004. Profits = 15005. Consumption = 25006. Net domestic investment = 13007. Net Foreign investment = 200 Codes:

National income accounting is a government bookkeeping system that measures a country's economic activity - offering insight into how an economy is performing. Such a system will include total revenues by domestic corporations, wages paid, and sales and income tax data for companies.