A company's December 31 work sheet for the current period appears below. Based on the information provided, what is net income for the current period? Unadjusted Trial Balance Adjustments Debit Credit Debit CreditCash2045? Accounts receivable1070? 945? Prepaid insurance1670? 720?Supplies400? 185?Equipment8390? Accumulated depreciation-equipment 790? 260?Accounts payable 1210? Retained earnings 9530? Dividends1120? Fees earned 7320? 945?Rent expense1370? Salaries expense2370? Utilities expense415? Insurance expense 720? Supplies expense 185? Depreciation
expense-equipment 260? Totals18,850??18,850??2110??2110?
A. $4110.
B. $2945.
C. $2000.
D. $3165.
E. $2260.
Answer: B
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