During the course of your examination of the financial statements of the Hales Corporation for the year ended December 31,2024 , you discover net Income in 2024 is $36,000 but no adjusting entrles have been prepared. To prepare adjusting entrles, you dlscover the following items: a. An Insurance policy covering three years was purchased on January 1,2024 , for $5,100. The entire amount was debited to Insurance expense. b. During 2024 , the company recelved a $750 cash advance from a customer for services to be provided in 2025. The $750 was credited to sales revenue. c. All purchases of supplies were debited immediately to supplies expense. However, you discover that supplies costing $760 were on hand on December 31. d. Hales borrowed $21,000 from a local bank on October 1,2024 . Principal and interest at 12% will be pald on September 30, 2025. No accrual was recorded for interest. Required: Determine the proper amount of net Income for 2024. Note: Amounts to be deducted should be Indlcated by a minus sign