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What is the net income for this period and total assets on this balance sheet Use the following adjusted trial balance to answer questions 22-25.

 

  

What is the net income for this period and total assets on this balance sheet

Use the following adjusted trial balance to answer questions 22-25. Cash $ 6,530 Accounts Receivable 2,450 Prepaid Advertising 880 Equipment 18,490 Accounts Payable 1,800 Loan Payable 10,600 Owner's Equity 12,940 Fees Earned 9,750 Marketing Expense 1,685 Rent Expense 1,960 Utilities Expense 345 Wages Expense 2,750 Totals $35,090 $35,090

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