The balance of revenue and expenses of Tasty Beverages Inc before the month-end adjustments are $27,300 and $17, 340 respectively. The following adjustments relate to Tasty Beverages Inc: The portion of prepaid insurance applicable to February is $2,700, depreciation for the month is $1,440, Portion of fees collected in advance earned in February, is $3,300. Fees earned in February, not yet billed to customers, $1900. Net income for February is: