Before month-end adjustments are made, the February 28 trial balance of Pronghorns Enterprise contains revenue of $11,220 and expenses of $9,790. Adjustments are necessary for the following items:

Depreciation for February is $1,272.

Revenue earned but not yet billed is $3,304.

Accrued interest expense is $954.

Revenue collected in advance that is now recognized is $2,300.

Portion of prepaid insurance expired during February is $460.

Calculate the correct net income for Pronghorn's Enterprise for the month of February.

Net income

$enter the net income in dollars