Item Prior year Current year Accounts payable 8,200.00 7,904.00 Accounts receivable 6,054.00 6,592.00 Accruals 1,030.00 1.434.00 Cash ??? ??? Common Stock 11,710.00 11,660.00 COGS 12,759.00 18,368.00 Current portion long-term debt 5,062.00 5,085.00 Depreciation expense 2,500 2,833.00 Interest expense 733 417 Inventories 4,200.00 4.814.00 Long-term debt 13,084.00 14,832 00 Net fixed assets 50 186.00 54 245 00 Notes payable 4,323.00 9,924.00 Operating expenses (excl. depr.) 13,977 18,172 Retained eamings 28,151.00 29.731.00 Sales 35. 119 46,006,00 Taxes 2.084 2.775 What is the firm's net income in the current year