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  3. centurion company had the following accounts and b

Centurion Company had the following accounts and balances at December 31: ...

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Accounting

Centurion Company had the following accounts and balances at December 31:
Account Debit Credit
Cash $ 12,400
Accounts Receivable 2,480
Prepaid Insurance 3,360
Supplies 1,480
Accounts Payable $ 6,200
T. Happy, Capital 6,340
Service Revenue 9,400
Salaries Expense 740
Utilities Expense 1,480
Totals $ 21,940 $ 21,940
Using the information in the table, calculate the company's reported net income for the period.
a
$7,180.
b
$13,280.
c
$4,720.
d
$5,460.
e
$1,580.

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