REM Consulting is completing the accounting information processing at the end of the fiscal year, December 31. The following trial balances are available. (Hint: One of the accounts was affected by two different adjusting entries). Unadjusted Trial Balance Adjusted Trial Balance Accounts Debit Credit Debit Credit Cash 13,000 13,000 Accounts Receivable 1,500 1,800 Prepaid Insurance 600 200 Supplies 3,800 3,000 Machines 30,000 30,000 12,000 17,500 Accumulated Depreciation Wages Payable Unearned Fees 900 6,700 6,500 Common Stock 24,000 24,000 Dividends 4,800 4,800 Fees Earned 25,000 25,500 14,000 14,900 5,500 Wages Expense Depreciation Expense Supplies Expense Insurance Expense 800 400 67,700 67,700 74,400 74,400 a. Reconstruct the adjusting entries of each transactions. If an amount box does not require an entry, leave it blank. Accrued Fees Insurance Expense Prepaid Insurance Expired Insurance E Supplies Used Record Depreciation Accrued Wages Revenue Earned b. What is the amount of net income