I'm stuck. The homework allows me to see that my Net Income answer is incorrect, but I'm unsure why. PLease see data from question (taxes) and (Net Income Wrong) my reply.

Service Revenue TDtEI REVENUES Rent Expense Utilities Expense Salaries and Wages Expense Supplies Expense Total Expenses et Income @ - - _ M- - m - - - - _ _- Val's Halr Emporium operates a hair salon. Its unadjusted trial balance as of December 31, 2015 follows along with Information about selected accounts. Account Names Cash Supplies Prepaid Rent Accounts Payable Salaries and Wages Payable Income Tax Payable Common Stock Retained Earnings Service Revenue Salaries and Wages Expense Utilities Expense Rent Expense Supplies Expense Income Tax Expense Totals Debit $ 4,800 5,300 9,000 30,100 13,200 30,000 5,800 $ 98,200 Credit $ 2,000 3,000 800 92,400 $ 98,200 Further Information As reported on December 31 bank statement. Based on count, only $1,800 of supplies still exist. This amount was paid November 1 for rent through the end of January. This represents the total amount of bills received for supplies and utilities through December 15. Val estimates that the company has received $550 of utility services through December 31 for which it has not yet been billed. Stylists have not yet been paid $200 for their work on December 31. The company has paid last year's Income taxes but not this year's taxes. This amount was contributed for common stock company in prior years. This Is the balance reported at the end of last year. Customers pay cash when they receive services. This Is the cost of stylist wages through December 30. This Is the cost of utilities through December 15. This year's rent was $3,000 per month. This Is the cost of supplies used through November 30. The company has an average tax rate of 20%