OBJ. 4 On July 31, 20Y7, the balances of the accounts appearing in the ledger of Yang Interiors Company, a furniture wholesaler, are as follows: Accumulated Depr-Building $443,000 $ 644,000 Peter Bronsky, Capital 534.000 18.000 Administrative Expenses Peter Bronsky Drawing Sales 984,000 1.745.000 Building Cash 95,000 4.500 Sales Tax Payable 941,000 Selling Expenses 194,000 Cost of Merchandise Sold Interest Expense 7,000 19.000 Merchandise Inventory 140,000 Store Supplies Store Supplies Expense 25,500 Notes Payable 121,000 Using the two columns of numbers calculate the NET INCOME. (NO CLOSING ENTRIES)