Centurion Co. had the following accounts and balances at December 31: Account Cash Accounts Receivable Prepaid Insurance Supplies Accounts Payable Common Stock Service Revenue Salaries Expense Utilities Expense Totals Debit Credit $10,800 2,160 2,720 1,160 $ 5,400 5,380 7,800 580 1,160 $18,580 $18,589 Using the information in the table, calculate the company's reported net income for the period. Multiple Choice $1.260 $4240