Question 33 (2 points) The following is an adjusted trial balance prepared by the Fox Co. prior to closing journal entries. 12,000 Accounts Receivable 6,000 $1,000 $1,000 as Income Tax Expense $390 Prepaid Rent Unearned Revenue $9,000 Income Tax Payable $390 Equipment Depreciation Expense $1,200 Accounts Payable $50,000 Sales Revenue Utilities Expense $1,200 $21,000 Accumulated Depreciation $2,000 Contributed Capital $24,800 Retained Earnings (Beg.) $2,100 age Expense $25,000 Rent Expense $21,500 uestion: W hat is net income