Lumina Co. was organized on April 1, 2015. The company prepares quarterly financial statements. The adjusted trial balance amounts at June 30 are shown below.

(a) Determine the net income for the quarter April 1 to June 30.
(b) Determine the total assets and total liabilities at June 30, 2015, for Lumina Company.
(c) Determine the amount that appears for Retained Earnings at June 30,2015.

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Debit Credit Cash Accounts Receivable Prepaid Rent 5,360 Accumulated Depreciation 480 720 Notes Payable 920 Accounts Payable $ 700 4,000 790 Equipment 12,000 Salaries and Wages Payable Dividends Salaries and Wages Expense Rent Expense Depreciation Expense Supplies Expense Utilities Expense Interest Expense 500 Interest Payable 7,400 1,200 Unearned Rent Revenue Common Stock 700 Service Revenue 160 Rent Revenue 410 11,200 11,360 1,100 $29.890 $29,890