[The following information applies to the questions displayed below.] Val's Hair Emporium operates a hair salon. Its unadjusted trial balance as of December 31, 2021, follows, along with information about selected accounts. 4-a. Calculate the adjusted net income that the company should report for the year ended December 31.2021 . 4-b. By what dollar amount did the adjustments in requirement (3) cause net income to increase or decrease? Calculate the adjusted net income that the company should report for the year ended December 31,2021. 1-a. Calculate the adjusted net income that the company should report for the year ended December 31, 2021. a-b. By what dollar amount did the adjustments in requirement (3) cause net income to increase or decrease? Complete this question by entering your answers in the tabs below. By what dollar amount did the adjustments in requirement (3) cause net income to increase or decrease