Data: The table presents account information for Mocha Cola Beverages pertaining to January of 2020. Beginning Balance Raw Materials $4,300 Ending Balance Work in Process $21,090 Purchases of Raw Materials $29,060 Beginning Balance Finished Goods $4,800 Direct Materials used in production $27,280 Cost of Goods Sold $33,500 Beginning Balance Work in Process $8.920 Marketing Costs (variable) $5,130 Direct Labor used in production $17.430 Administration Costs (food) $7,960 Mig. Overhead (fixed) $11,130 Revenues $66,200 Cost of Goods Manufactured $49,670 Carinannte se Focusing on the accounts: Raw Materials; Work in Process; Finished Goods; and Income Summary answer the following questions. Keep in mind that this data is not complete and that balancing the accounts may be required to answer the questions. Question: What is the value of Mocha Cola's Net Income in January 10 p Data: The table presents account information for Mocha Cola Beverages pertaining to January of 2020, Beginning Balance Raw Materials $4,300 Ending Balance Work in Process $21,090 Purchases of Raw Materials $29,050 Beginning Balance Finished Goods $4,800 Direct Materials used in production $27,280 Cost of Goods Sold $33,500 Beginning Balance Work in Process $8.920 Marketing Costs (variable) $5,130 Direct Labor used in production $17.430 Administration Costs (fixed) $7,960 Mig. Overhead (fixed) $11,130 Revenues $66.200 Cost of Goods Manufactured $49,670 Focusing on the accounts: Raw Materials; Work in Process: Finished Goods, and income Summary answer the following questions. Keep in mind that this data Focusing on the accounts: Raw Materials: Work in Process: Finished Goods; and income Summary answer the following questions. Keep in mind that this data is not complete and that balancing the accounts may be required to answer the questions. Question: IGNORE YOUR ANSWER TO QUESTION 9. Assume the before tax Net Income for January is $20,000 and the company has a 21% effective income tax rate. What would be the after-tax Net Income for January