The following account balances were taken from ABC Com ABC Company has not yet recorded adjusting entries rel ated to the following two items: (1) The note payable in the unadjusted trial balance was a 15%,10-month bank loan taken out on June 1,20 27. (2) The prepaid insurance in the unadjusted trial bal ance relates to a two-year insurance policy purchased on September 1, 2027. Calculate the net income reported by ABC Company for 2 027 after the appropriate adjusting entries have been reco rded and posted