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I am not sure what the Net Income is The income statement of Sandhill Co. for the month of July shows net income of $4,140

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The income statement of Sandhill Co. for the month of July shows net income of $4,140 based on Service Revenue $8,110,5alarie5 and Wages Expense $2,350, Supplies Expense $940, and Utilities Expense $680. In reviewing the statement, you discover the following: 1. Insurance expired during July of $530 was omitted. 2. Supplies expense includes $300 of supplies that are still on hand at July 31 . 3. Depreciation on equipment of $340 was omitted. 4. Accrued but unpaid wages at July 31 of $490 were not ineluded. 5. Service performed but unrecorded totaled $680. Service Revenue Expenses Salaries and Wages Expense Depreciation Expense Supplies Expense \begin{tabular}{|l|l|} \hline$,840.00 & i \\ \hline \end{tabular} \( \$ \longdiv { 8 , 7 9 0 . 0 0 } \) Utilities Expense Insurance Expense Total Expenses Net income / (Loss)

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