12. MC.04-117 The following accounts were taken from the Adjusted Trial Balance columns of thev 2.3100 Accumulated Depreciation $ 3,200 Fees Earned Depreciation Expense Insurance Expense Prepaid Insurance 17,400 1,300 1 400 4,800 900 3,800 ST00 14460 Supplies Supplies Expense Net income for the period is Oa. $11,900 b. $5,500 c. $8,700 S) d. $17,400