Concord Corporation was organized on April 1, 2022. The company prepares quarterly financial statements. The adjusted trial balance at June 30 is shown here. Debit Credit Cash $4,609 Accumulated Depreciation-Equipment $602 Accounts Receivable 414 Notes Payable 3,440 Prepaid Rent 618 Accounts Payable 680 Supplies 790 Salaries and Wages Payable 258 Equipment 10,320 Interest Payable, 35 Dividends 430 Unearned Rent Revenue 344 Salaries and Wages Expense 6,364 Common Stock 9,629 Rent Expense 1,032 Service Revenue 9.769 Depreciation Expense 602 Rent Revenue 946 Supplies Expense 137 $25,703 Utilities Expense 3521 Interest Expense 35 $25,703 (a) Determine the net income for the quarter April 1 to June 30. Net income