Calculate ABC Company's net income for July.

The following selected account balances were taken from ABC Company's general ledgers for July: Accounts payable Prepaid insurance Income tax payable Inventory Accounts receivable July 1 S26,eae S33,eae S14,eae S68,eae ss2,eae , oe oe 584, oe S71, aoe ABC Company's statement of cash flous for July included the following: Cash collections from customers . . Cash paid to purchase inventory Cash paid for insurance Cash paid for income taxes . . , 5269 , 57, 31, ABC Company's income statement for July appears below: Sales revenue Cost of goods sold Insurance expense . Income tax expense Net income . Calculate ABC Company's net income for July .