pter 04 Exercise 48 (Part Level Submission) Presented below are selected ledger accounts of Oriole Corporation as of December 31, 2017 Cash $67,900 Administrative expenses 101,800 Selling expenses 81,630 Net sales 547,100 265.400 Cost of goods sold Cash dividends dedared (2017) 22,300 Cash dividends paid (2017) 18,600 Discontinued operations (loss before income taxes) 49,300 Depreciation expense, not recorded in 2016 39,700 Retained earnings, December 31, 2016 92,910 Effective tax rate 30% (a) Compute net income for 2017. estion Net income LINK TO TEST LINK TO TEXT Attempts: 0 of 3 used SAVE FOR LATE The parts of this question must be completed in order. This part will be available when you complete the part above