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42. Company ABC reports the following line items (partial list shown) in its trial balance. Accounts payable Accounts receivable Bonds payable, long-term Buildings Cash Unearned

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42. Company ABC reports the following line items (partial list shown) in its trial balance. Accounts payable Accounts receivable Bonds payable, long-term Buildings Cash Unearned revenue Cost of goods sold $20,000 $40,000 $250,000 $160,000 $50,000 $100,000 $200,000 Inventory Depreciation Expense... Goodwill Retained earnings Sales revenue Supplies inventory Supplies expense $40,000 $100,000 $10,000 $115,000 $700,000 $5,000 $20,000 Based on this partial list, what was the company's net income

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