Debit Credit Cash 4,400 Accounts Receivable 2,000 Prepaid Insurance 1,600 Equipment 15,000 Accumulated Depreciation - Equipment 3,000 Accounts Payable 2,400 Note Payable 3.920 Unearned Fees 3.200 Utilities Expense 320 Insurance Expense 700 Maintenance Expense 7,700 Income Tax Expense 2,700 57,220 57,220 Use the Adjusted Trial above to calculate the Net Income (or Net Loss), and the Retained Earnings balance. Format: Enter the amounts in as a whole number, WITH COMMAS, but NO DECIMALS OR DOLLAR SIGNS! If the number is a loss, add a negative sign in front of it! Net Income (or Net Loss) Retained Earnings Accumulated Depreciation - Equipment 3,000 Accounts Payable 2,400 Note Payable 3,920 Unearned Fees 3,200 Common Stock 5,000 Retained Earnings 2.700 Dividends 2.000 Fees Earned 37,000 Wages Expense 19,000 Depreciation Expense 1,800