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Century Inc. had the following accounts and balances at December 31:
| Account | Debit | Credit |
|---|---|---|
| Cash | $ 10,300 | |
| Accounts Receivable | 2,060 | |
| Prepaid Insurance | 2,520 | |
| Supplies | 1,060 | |
| Accounts Payable | $ 5,150 | |
| T. Happy, Capital | 5,080 | |
| Service Revenue | 7,300 | |
| Salaries Expense | 530 | |
| Utilities Expense | 1,060 | |
| Totals | $ 17,530 | $ 17,530 |
Using the information in the table, calculate the company's reported net income for the period.