Attempt in Progress The Flounder Company accumulates the following adjustment data at December 31. 1. 2 3. Revenue of $ 1.298 collected in advance has been recognized. Salaries of $ 552 are unpaid. Prepaid rent totaling $ 392 has expired. Supplies of $ 671 have been used. Revenue recognized but unbilled totals $ 915. ility expenses of $ 270 are unpaid. 4. 5. 6. 7. Interest of $ 215 has accrued on a note payable. (b) Assume net income before the adjustments listed above was $ 22,500. What is the adjusted net income? Adjusted net income e Textbook and Media