Item$9$

eBookAskPrintCheck my workCheck My Work button is now disabled$3$Item $9$

Consider the information below that relates to the end of the current period:

Accounts Receivable $ $14,700$

Rent Expense $7,500$

Insurance Expense $2,100$

Common Stock $24,000$

Service Revenue $28,300$

Supplies $4,300$

Equipment $21,600$

Income Tax Expense $4,200$

What is the amount of net income in the current period?

Multiple Choice

$$27,300$

$$29,200$

$$14,500$

$$10,200$