Smiles Entertainment had the following accounts and balances at December 31: Account Debit Credit Cash Accounts Receivable $11,100 2,220 Prepaid Insurance 2,840 Supplies 1,220 Accounts Payable $ 5,550 Common Stock 4,550 1,010 8,100 610 1,220 $19,210 $19,210 Retained Earnings Service Revenue Salaries Expense Utilities Expense Totals Using the information in the table, calculate the company's reported net income for the period. Multiple Choice $6,270. $1,320. $4,330. $4,940. $11,720