Bobby Bones has just joined Bad Manufacturing Limited. His first task is to prepare the financial statements of the company for the end of the accounting cycle. He was provided with the following list of post-adjustment trial balances. Account Name Debit Accounts Payable Accounts Receivable $25,500,000.00 Accumulated Depreciation: PPE Credit $6,150,000.00 $45,000,000.00 Administration and General Expenses $21,800,000.00 Cash at the Bank $33,500,000.00 Cost of Goods Sold $55,000,000.00 PPE $215,000,000.00 Interest Payable $2,500,000.00 Interest Revenue $1,250,000.00 Land $4,800,000.00 Long-Term Investments $2,900,000.00 Long-Term Loans $81,000,000.00 Merchandise Inventory $8,750,000.00 Prepaid Expenses $3,120,000.00 Retain Earnings $11,545,000.00 Sale Returns and Allowances $2,450,000.00 Sales and Distribution Expenses $19,000,000.00 Sales Discounts $1,240,000.00 $185,000,000.00 Sales Revenue (Gross) $48,000,000.00 Share Capital $12,000,000.00 $6,450,000.00 Tax Expenses Unearned Revenue Required: When presenting the income statement, what amount of net income will be reported using post-adjustment trial balances? Select one: a. $74,760,000