Easy's Inc. reported net cash from operating activities of $29,150 for the year. The company showed a net increase over the year in accounts receivable and accounts payable of $1,200 and $500, respectively. The company showed a net decrease over the year in inventory and equipment of $1,150 and $8,000, respectively. The sale of equipment resulted in a gain of $2,000. The company also incurred depreciation expense of $4,500, amortization expense on a patent of $1,000, and amortization of a discount on bonds payable of $200. What was net income for the year? A. $25,200 B. $33,000 C. $25,000 D. $33,300