The Unadjusted Net Income on the Income Statement Was $41,800

Multiple Choice

The unadjusted net income on the income statement was $41,800. After journalizing and posting the adjusting entry for the $600 of prepaid advertising that expired and $1,600 in supplies used during the year, the adjusted net income is:

A) $41,800.
B) $39,600.
C) $40,200.
D) $41,200.