Current Attempt In Progress These items are taken from the financial statements of Pronghorn Corp. at December 31, 2018. Buildings $158.700 Accounts receivable 18.900 Prepaid insurance 7,020 Cash 17.760 Equipment 123,600 Land 91,800 Office expense 870 300 Income tax expense Depreciation expense 7,950 3,900 Interest expense Common shares 93,000 Retained earnings (January 1, 2018) 60,000 Accumulated depreciation-building 68.400 Accounts payable 12.600 Income taxes payable 1,650 Bank loan payable (due July 1, 2020) 140,400 Accumulated depreciation-equipment Interest payable 28,080 5,400 Sales 21.270 Calculate the net income for the year. Net income/(loss) s