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Given the following adjusted trial balance: Debit Credit Cash $1994 Accounts receivable 2518 Inventory 3749 Prepaid rent 103 Equipment 360 Accumulated depreciation-equipment $62 Accounts payable

Given the following adjusted trial balance:

Debit Credit
Cash $1994
Accounts receivable 2518
Inventory 3749
Prepaid rent 103
Equipment 360
Accumulated depreciation-equipment $62
Accounts payable 98
Unearned service revenue 146
Common stock 248
Retained earnings 7930
Service revenue 442
Interest revenue 67
Salaries and wages expense 190
Travel expense 79
Total $8993 $8993

Net income for the year is:

$716.

$509.

$240.

$455.

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