Before making month-end adjustments, net income of Cardinal Company following items Depreciation for the month of March: $1,600. Interest income accrued to March 31, on deposits in banks: $730. was $112,500 for March. Adjusting entries are necessary for the Supplies used in March: $270 -Fees earned in March that had been collected in advance: $1,900 After recording these adjustments, net income for March is: Book Multiple Choice $111,360 $110,630 $113,260