For the following four cases, compute net income (or net loss). Caution: Not all of the items listed should be included in the computation of netincome.

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Case B Case D Case A Case C Cost of goods sold Interest expense $ 60,000 $110,000 31,000 6,000 70,000 200,000 38,000 10,000 185,000 S 30,000 $60,000 18,000 4,500 2,100 31,000 Cash Retained earnings Sales Accounts payable Rent revenue 50,000 15,000 150,000 100,000 12,000 70,000 60,000 50,000 Machinery 175,000