Mae Companys trial balance as of 12/31/17 before closing entries appears below: (Note that all of these accounts have their standard or normal debit or credit balance.)

Account	Balance
Accounts Receivable	$ 10,000
Cash	220,000
Common Stock	40,000
Dividends Declared	18,000
Dividends Payable	13,000
Note Payable	47,000
Retained Earnings	20,000
Revenues	? ? ? ?
Expenses	? ? ? ?

Given this information, solve for NET INCOME.

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