3 10 points eBook Shown below is an adjusted tral balance for Novelty Toys, Incorporated on December 31, Yeart Novelty Toys, Incorporated Adjusted Trial Balance December 31, Year 1 Debit Credit Cash $ 15,45 Accounts Receivable 12,725 Office Equipment 22,400 Accumulated Depreciation $ 5,950 Accounts Payable 7,725 Capital Stock 22,450 Retained Earnings -- Dividends 7,450 Fees Earned 45,250 Salaries Expense 15,900 Advertising Expense 3,225 Depreciation Expense 4,225 Totals $ 81,375 $ 81,375 Ask Print References Net Income for the period equals: Multiple Choice $45.250 $23.350 $14.450 $21.900