MYOGA: Welcome DAWG HOUSE NCAA UGA Parking Services Saved Smiles Entertainment had the following accounts and balances at December 31: Account Debit Credit Cash $12,400 Accounts Receivable 2,480 Prepaid Insurance 3,360 Supplies 1,480 50:40 Accounts Payable $6,200 Common Stock 5,200 Retained Earnings Service Revenue Salaries Expense Utilities Expense 1,140 J 9,400 ok 740 1,480 Totals $21,940 $21,940 Using the information in the table, calculate the company's reported net income for the period. Multiple Choice $7180 $13,280.