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Additional Information: A. The equipment was purchased on January 1,2021 . The useful life is...

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Accounting

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Additional Information: A. The equipment was purchased on January 1,2021 . The useful life is estimated to be 5 years, with no salvage B. A count of supplies on December 31,2022 showed $600 of supplies still on hand. C. On December 31,2022 , wages that had been earned by employees, but not yet paid amounted to $800. The next scheduled 2023 . D. During December, LMN performed $3,300 worth of services, for which it been paid in September. E. On November 1, 2022, LMN paid for 5 months of rent with cash. Determine Net Income for the year ending December 31, 2022. $5,800 $6,700$5,200 $4,600 $9,100

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