Cash $51000$

Administrative expenses $102000$

selling expenses $81600$

Net Sales $550800$

Cost of goods sold $214200$

Cash dividends declared $(2025)20400$

Cash Dividends paid$((2025)15300$

Discontinued operations $($loss before income taxes$)40800$

Depreciation expense not recorded in $202430600$

Retained earnings, december $31202491800$

Effective tax rate $20\%$

Compute net income $2025$