T8 MC Qu. 03-270 A company's December... A company's December 31 work sheet for the current period appears below. Based on the information provided what is net income for the current period? Unadjusted Trial Balance Adjustments Debit Credit Debit Credit Cash 1.975 Accounts receivable 875 Prepaid insurance 1,600 650 Supplies 330 115 Equipment 8.320 Accumulated depreciation equipment 720 190 Accounts payable 1.140 Retained earnings 9, 110 Dividends 1,050 Tees earned 7,250 875 Rent expense 1,300 Salaries expense 2.300 Utilities 345 Insurance expense 650 Supplies expense 115 Depreciation expense equipment 190 Totals 18,220 18.220 1.830 1,030 $3,305 5480 0 nccate depreciation equipment Accounts payable Retained earnings Dividende Fees earned Rent expense Salaries expense Utilities expense Insurance expense Supplies expense Depreciation expense-equipment Totals 1,140 9,110 1,050 7,250 875 1,300 2,300 345 650 115 190 18,220 18,220 1,830 1,830 Dook cances Multiple Choice O $3,305 $4,180 O 0 $2.350 O $2.540 O $3225