The following table contains financial information for Trumpeter Inc. before closing entries:
| Cash |
$12,200 |
| Supplies |
5,600 |
| Prepaid Rent |
3,100 |
| Salary Expense |
4,800 |
| Equipment |
66,000 |
| Service Revenue |
28,700 |
| Miscellaneous Expenses |
22,000 |
| Dividends |
3,600 |
| Accounts Payable |
3,400 |
| Common Stock |
67,100 |
| Retained Earnings |
18,100 |
What is Trumpeter's net income?