4. Compute the aitount of net income using (a) the preliminary (unadjusted) numbers and (b) the final (adjusted) numbers. Had the adjusting entries not been recorded, would net income have been overstated or understated, and by what amount? Complete this question by entering your answers in the tabs below. Compute the amount of net income using (a) the preliminary (unadjusted) numbers and (b) the final (adjusted) numbers. 4. Compute the amount of net income using (a) the preliminary (unadjusted) numbers and (b) the final (adjusted) numbers. Had the adjusting entries not been recorded, would net income have been overstated or understated, and by what amount? Complete this question by entering your answers in the tabs below. Had the adjusting entries not been recorded, would net income have been overstated or understated, and by what amount? Required information [The following information applies to the questions displayed below.] North Star prepared the following unadjusted trial balance at the end of its second year of operations ending December 31. Other data not yet recorded at December 31 : a. Rent expired during the year, $1,160. b. Depreciation expense for the year, $1,140. c. Utilities used and unpaid, $8,600. d. Income tax expense, $350