Question $7$

Given the information below, calculate net income in the current period.

Accounts Receivable

Salary Expense

Insurance Expense

Common stock

Service Revenue

Supplies

Deferred Revenue

Income Tax Expense

$$16,500$

$4,500$

$3,100$

$36,000$

$32,300$

$2,300$

$7,600$

$13,200$

$9,200.$

$$19,100.$

$$11,500$

$$3\mathrm{.}900.$