A company had the following accounts and balances at December 31: Account Cash Accounts Receivable Prepaid Insurance Supplies Accounts Payable Total Equity Service Revenue Salaries Expense Utilities Expense Totals Debit Credit $ 12,200 2,440 3,280 1,440 $ 6,100 6,220 9,200 720 1,440 $ 21,520 $ 21,520 Using the information in the table, calculate the company's reported net income for the period. 4 O $1,540. O $7,040. O $4,660. $13,040. O $5,380