Question: Enabled: Test 0 2 : Chs 1 - 3 ( 3 ) Hatp Serve 5 Exit Submit A company's December 3 1 work sheet for

Enabled: Test 02: Chs 1-3(3)
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A company's December 31 work sheet for the current period appears below. Based on the information provided, what is net income for the current period?
\table[[Unadjusted],[,Debit Credit,Debit,Credit],[Cash,2,015,,,],[Accounts receivable,1,040,,915,],[Prepaid insurance,1,640,,,690],[Supplies,370,,,155],[Equipment,8,360,,,],[Accumulated depreciation-equipment,,760,,230],[Accounts payable,,1,180,,],[Retained earnings,,9,350,,],[Dividends,1,090,,,],[Fees earned,,7,290,,915],[Rent expense,1,340,,,],[Salaries expense,2,340,,,],[Utilities expense,385,,690,],[Insurance expense,,,155,],[Supplies expense,,,230,],[Depreciation expense-equipment,,,,1,990],[Totals,18,580,18,580,1,990,]]
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Enabled: Test 0 2 : Chs 1 - 3 ( 3 ) Hatp Serve 5

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