A company's December 31 work sheet for the current period appears below. Based on the information provided, what is net income for the current period?

	Unadjusted Trial Balance				Adjustments
	Debit		Credit		Debit		Credit
Cash	2,135
Accounts receivable	1,160				1,035
Prepaid insurance	1,760						810
Supplies	490						275
Equipment	8,480
Accumulated depreciationequipment			880				350
Accounts payable			1,300
Owner, Capital			10,070
Owner, Withdrawals	1,210
Fees earned			7,410				1,035
Rent expense	1,460
Salaries expense	2,460
Utilities expense	505
Insurance expense					810
Supplies expense					275
Depreciation expenseequipment					350
Totals	19,660		19,660		2,470		2,470

Multiple Choice

$2,985.

$2,585.

$1,550.

$4,020.

$1,900.