San Diego Clinic, a not-for-profit organization, reported an equity balance of $2,540,600 on its December 2019 balance sheet. Assuming San Diego Clinic reported net income of $324,840 for the year ended December 31, 2019, and had no other adjustments to equity during 2019, what was the clinics equity balance as of December 31, 2018? Group of answer choices $2,540,600 $2,120,520 $2,865,440 $2,215,760 Cant tell with the information provided.