The following accounts were taken from XYZ Company's unadjusted trial balance at December 31, 2016: ABC Company has not yet recorded adjusting entries related to the following four items: A physical count revealed that supplies coating $12,000 were still on hand as of December 31, 2016. The note payable was a bank loan taken out on June 1, 2016. It is a 9-month, 14% loan. The unearned revenue in the unadjusted trial balance relates to a $36,000 payment from a customer received on March 31, 2016 for work to be performed each month for the next two years. Depreciation expense of $6,000 has not yet been recorded. Calculate the net income reported in XYZ Company's balance sheet at December 31, 2016 after the appropriate adjusting entries have been recorded and postod. Do not use decimals in your