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orp. at December 31, 2025. Calculate the net income for the year. Net income

These items are taken from the financial statements of Flint Corp. at December 31, 2025. Buildings Accounts receivable Prepaid insurance Cash Equipment Land Office expense Income tax expense Depreciation expense I nterest expense Common shares Retained earnings (January 1, 2025) Accumulated depiciationbuildings Accounts payable Income taxes payable Bank loan payable (due July 1, 2027) $113,200 13,500 5,010 12,670 88,200 65,500 620 215 5,640 2,780 66,300 42,800 48,800 8,990 1,180 100.200