$7,300 The income statement for the month of June, 2016 of Snap Shot, Inc. contains the following information: Revenues Expenses: Salaries and Wages Expense Rent Expense Advertising Expense Supplies Expense Insurance Expense Total expenses Net income $3,000 1,300 700 200 100 5,300 $2,000 After the revenue and expense accounts have been closed, the balance in Income Summary will be Select one: a. a debit balance of $2,000. O indows b. a credit balance of $7,300. c. a debit balance of $7,300. O d. a credit balance of $2,000. 12 13 444 10 15 EC hp # $ 4 2o5 % @ 3 W f6 D 70 f8 B 19 [ 8 8 87 & 7 7 C f10 F11