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Presented below are changes in all the account balances of Marigold Furniture Co$.$ during the current year, except for retained earnings.

$\backslash$table$[[,\backslash$table$[[$Increase$],[($Decrease$)]],,\backslash$table$[[$Increase$],[($Decrease$)]]],[$Cash$,$$$69,810,$Accounts Payable, $)],[$Accounts Receivable $($net$),54,900,$Bonds Payable,$82,250],[$Inventory$,135,500,$Common Stock,$125,700],[$Investments$,(48,980),$Paid$-$In Capital in Excess of Par$-$Common Stock,$14,140]]$

Compute the net income for the current year, assuming that there were no entries in the Retained Earnings account except for net income and a dividend declaration of $$25,710$ which was paid in the current year.

Net income

$

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