26.

Net income for the period is a. $11,900 b. $16,100 c. $12,300 d. $11,400

qyestion 26 The following accounts were taken from the Adjusted Trial Balance columns of the work sheet: $ 3,200 Accumulated Depreciation 17,800 Fees Eamed 1,200 Depreciation Expense 500 Insurance Expense 4,800 Prepaid Insurance 900 Supplies 3,800 Supplies Expense Net income for the period is O a. SII,900 O b. S16,100 O c. S12,300 O d.S11,400