Canete Company gathered the following condensed data for the year ended December 31, 2008: Cost of goods sold 690,000 Net sales 1,250,000 Administrative expenses 234,000 Interest expense 58,000 Dividend revenue 38,000 Loss from employee strike 233,000 Selling expenses 45,000 What is the amount of Net income? 223,000 573,000 (68,000) 28,000 * 1 point