Larkspur Company was organized on April 1, 2019. The company prepares quarterly financial statements. The adjusted trial balance amounts at June 30 are shown below.

Debit				Credit
Cash		$ 6,400		Accumulated DepreciationEquipment		$ 700
Accounts Receivable		380		Notes Payable		4,000
Prepaid Rent		600		Accounts Payable		900
Supplies		900		Salaries and Wages Payable		400
Equipment		12,500		Interest Payable		70
Dividends		400		Unearned Rent Revenue		300
Salaries and Wages Expense		7,900		Common Stock		13,180
Rent Expense		1,900		Service Revenue		11,300
Depreciation Expense		700		Rent Revenue		1,400
Supplies Expense		200				$32,250
Utilities Expense		300
Interest Expense		70
		$32,250

Determine the net income for the quarter April 1 to June 30.

Net income

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Determine the total assets and total liabilities at June 30, 2019, for Larkspur Company.

		Larkspur Company
Total assets
Total liabilities