I am not sure what the net income ($20,000) is wrong?

Fit-for-Life Foods reports the following income statement accounts for the year ended December 31. Gain on sale of equipment Office supplies expense Insurance expense Sales Office salaries expense Rent expense-Selling space Sales staff wages $ 6,250 Depreciation expense-Office copier $ 700 Sales discounts 1,300 Sales returns and allowances 220,000 TV advertising expense 32,500 Interest revenue 10,000 Cost of goods sold 23,000 Sales commission expense 500 16,000 4,000 2,000 750 90,000 13,000 $ 220,000 16,000 4,000 FIT-FOR-LIFE FOODS Income Statement For Year Ended December 31 Sales Less: Sales discounts $ Less: Sales returns and allowances Net sales Cost of goods sold Gross profit Expenses Selling expenses Rent expense-Selling space Sales staff wages TV advertising expense Sales commission expense 20,000 200,000 90,000 110,000 10,000 23,000 2,000 13,000 48,000 Total selling expenses General and administrative expenses Office supplies expense Insurance expense Office salaries expense Depreciation expense-Office copier 700 1,300 32,500 500 Total general and administrative expenses Total expenses 35,000 83,000 27,000 Other revenues, gains, expenses & losses Gain on sale of equipment Interest revenue 6,250 750 Total other revenues, gains, expenses & losses Net income 7,000 20,000 X $