Partial Trial Balance for the Year Ended December 31, 2018

Sales revenue		$1,800,000
Interest revenue (Not part of operations)		80,000
Realized gain on sale of Equipment		50,000
Cost of goods sold	1,100,000
Selling and administrative expenses	220,000
Loss on Discontinued Operations	100,000

Shivers and Shivers had 100,000 shares of stock outstanding throughout the year. Income tax expense has not yet been accrued. The effective tax rate is 20%.

Net Income for the Year Ended December 31, 2018?