Oden Co. reported the following financial information in January. Revenue: $600,000; Cost of Goods Manufactured = $290,000; Period expenses = $125,000 Finished Goods: Beginning balance = $40,000, Ending balance = $42,000 Manufacturing Overhead: Incurred = $68,000; Applied = $60,000 Of the applied overhead, $15,000 is sitting in Work in Progress at month-end, $6,000 is sitting in Finished Goods, and the remainder is included in Cost of Goods Sold. What would Oden report for Net Income on the January Income Statement, if Oden proportionally adjusts the Manufacturing Overhead balance? Numeric Response