Calculate Net Income using the table of information below. Assume all relevant information is included, although some information may be unnecessary. Accounts Payable $532,000 Accumulated Depreciation $10,879,000 Capital Expenditures $2,459,000 Cash $850,000 Depreciation Expense $1,803,000 Interest Expense $215,000 Research & Dev. Expense $1,345,000 Sales $7,098,000 $2,590,000 Selling, General & Admin Expense Taxes 37%