Before month end adjustments are made, the September 30 trial balance of Horton Enterprise contains revenue of $9,200 and expenses of $6,300. Adjustments are necessary for the following items:

a. Depreciation for September is $300

b. Revenue earned but not yet billed is $2,100

c. Accrued interest expense is $800

d. Revenue collected in advance that is now earned is $3,400

e. Portion of prepaid insurance expired during September is $300

Instructions: Calculate the correct net income for Horton