The Whispering Winds Company accumulates the following adjustment data at December 31. Revenue of $1,078 collected in advance

Question

The Whispering Winds Company accumulates the following adjustment data at December 31.
Revenue of $1,078 collected in advance has been recognized.
Salaries of $780 are unpaid.
Prepaid rent totaling $392 has expired.
Supplies of $605 have been used.
Revenue recognized but unbilled totals $675.
Utility expenses of $318 are unpaid.
Interest of $300 has accrued on a note payable.
Assume net income before the adjustments listed above was $22,500. What is the adjusted net income?

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