Cullumber Company 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 $ 7,000 Accumulated Depreciation-Equipment $ 800 580 Notes Payable 4,200 Accounts Receivable Prepaid Rent 1,100 Accounts Payable 700 300 Supplies 800 Salaries and Wages Payable 50 12,200 Interest Payable Equipment Owner's Drawings 300 600 Unearned Rent Revenue 13,180 7.100 Owner's Capital Salaries and Wages Expense Rent Expense 11.000 1,300 Service Revenue 800 Rent Revenue Depreciation Expense 1,500 $32,030 200 Supplies Expense 300 Utilities Expense 50 Interest Expense $22020 Determine the net income for the quarter April 1 to June 30. Net income $ e Textbook and Media List of Accounts Determine the total assets and total liabilities at June 30, 2022, for Cullumber Company. Cullumber Company Total assets $ $ $ Total liabilities