Ch 02 Multiple Choice Questions Part 2 Saved Smiles Entertainment had the following accounts and balances at December 31: 11 1.25 points Account Cash Accounts Receivable Prepaid Insurance Supplies Accounts Payable Common Stock Retained Earnings Service Revenue Salaries Expense Utilities Expense Totals Debit Credit $12,400 2,480 3,360 1,480 $ 6,200 5,200 1,140 9,400 740 1,480 $21,940 $21,940 eBook Print Using the information in the table, calculate the company's reported net income for the period References Saved Using the information in the table, calculate the company's reported net income for the period. 11 Multiple Choice 1.25 points $1,580 eBook Print $4,720 References $5,460 $7180 $13,280