Alpha Company provided the following data concerning its income statement: sales, $945,000; purchases, $428,000; beginning inventory, $240,000; ending inventory, $237,000; operating expenses, $99,000; freight-in, $5,000; sales discounts, $21,000; purchases discounts, $15,000; sales returns & allowances, $128,000; and purchases returns & allowances, $35,000.The data provide the basis for preparation of an income statement.How much is net income?