Given the information below, calculate net income in the current period.
Accounts Receivable: $14,700
Rent Expense: $7,500
Insurance Expense: $2,100
Common Stock: $24,000
Service Revenue: $28,300
Supplies: $4,300
Equipment: $21,600
Income Tax Expense: $4,200
Multiple Choice:
A) $27,300
B) $29,200
C) $14,500
D) $10,200