900 Mark Jones Co. was organized on April 1, 2020. The firm prepares quarterly financial statements. The adjusted Trial balance amounts at June 30 are shown below. Debit Credit Cash $6,700 Accumulated Depreciation - Equipment $850 Accounts Receivable 600 Notes Payable 5.000 Prepaid Rent Accounts Payable 1.510 Supplies 1,000 Salaries and Wages Payable 400 Equipment 15.000 Interest payable SO Dividends 600 Unearned Rent Revenue 500 Salaries and wages expense 9,400 Common Stock 14,000 Rent expense 1,500 Service Revenue 14,200 Depreciation Expense 850 Rent Revenue 800 Supplies expense 200 Utilities expense 510 Interest expense 50 $37.310 $37,310 INSTRUCTION(S): YOUR MUST SHOW YOUR WORK (DO NOT GIVE ONLY THE ANSWERS) PLEASE HAVE YOUR NAME ON YOUR PAPER. Submit your work via Canvas. 1. Determine the net income for the firm (3 points). 2. Determine the total assets and total liabilities at June 30, 2020, for the firm (4 points). 3. Determine the amount that appears for RETAINED EARNINGS at June 30.2020