A company had the following accounts and balances at December 31: Account Cash Debit $ 12,400 Credit Accounts Receivable 2,480 Prepaid Insurance 3,360 Supplies 1,480 Accounts Payable $ 6,200 Total Equity Service Revenue 6,340 9,400 Salaries Expense Utilities Expense Totals 740 1,480 $ 21,940 $ 21,940 Using the information in the table, calculate the company's reported net income for the period.