SEC, Inc. Trial Balance before Adjustments December 31, 2012 Credits Debits $12,600 13,400 2,400 38,500 $7,700 8,500 Cash Accounts Receivable Supplies Equipment Accumulated Depreciation - Equipment Accounts Payable Unearned Service Revenue Common Stock Retained Earnings Dividends Service Revenue Rent Expense Salaries Expense Utilities Expense 9.900 18.000 11,500 600 35,000 1,500 19,200 2.400 $90,600 $90,600 Additional Information: 1. The equipment was purchased on January 1, 2011. The useful life is estimated to be 5 years, with no salvage value. 2. A count of supplies on December 31, 2012 showed $600 of supplies still on hand. 3. On December 31, 2012, wages that had been eamed by employees, but not yet paid amounted to $800. The next scheduled pay date is January 4, 2013. 4. During December, SEC performed $3,300 worth of services, for which it been paid in September. 5. On November 1, 2012, SEC paid for 5 months of rent with cash. Determine Net Income (after adjustments) for the year ending December 31, 2012. O $5,800 0 $4,600 O $5,200 O $9,100 $6,700