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 Credit Debit Credit Debit Cash 2,175 Accounts Receivable 1,200 1,075 Prepaid insurance 1,800 850 Supplies 530 315 Equipment 8,520 Accumulated depreciation-equipment 920 390 Accounts payable 1,340 Retained earnings 10,310 Dividends 1,250 Services revenue Rent expense Salaries expense 7,450 1,075 1,500 2,500 545 Utilities expense 850 Insurance expense 315 Supplies expense Depreciation expense-equipment 390 Totals 20,020 20,020 2,630 2,630 Multiple Choice $2,905. $2,425. $3,980. $1,350. $1,740.