$42,629 $37,911 New Town Industries Tax rate 35% 2015 2014 Revenues Cost of goods sold 23,704 24,832 Interest 1,230 1,584 Dividends 1,200 600 Depreciation 2,609 2,814 Administrative 7,040 6,820 expenses Cash 3,671 2,969 Inventory 3,968 4,503 Accounts payable 2,325 3,760 Long-term debt 19,105 25,900 Accounts receivable 4,601 5,318 Common stock 22,600 19,800 Net fixed assets 41,260 42,110 18. Refer to New Town Industries. What is the Net Income for 2015