Centurion Co. had the following accounts and balances at December 31: AccountDebit CreditCash$10,300? Accounts Receivable 2060? Prepaid Insurance 2520? Supplies 1060? Accounts Payable $5150? Common Stock 5080? Service Revenue 7300? Salaries Expense 530? Utilities Expense 1060? Totals$17,530? $17,530? Using the information in the table, calculate the company's reported net income for the period.
A. $5710.
B. $1160.
C. $4090.
D. $10,760.
E. $4620.
Answer: A
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