Potter Company reports the following line items at the end of the first year of operations: Long-Term Notes Payable Accounts Receivable Accounts Payable Building Cash and Cash Equivalents Salaries Expense Common Stock Interest Payable Land Short-term Investments Income Taxes Payable Equipment Supplies Service Revenue Supplies Expense Utilities Expense Income Tax Expense $50,000 $28,000 $37,000 $55,000 $80,000 $20,500 $139,000 $1,500 $40,000 $5,000 $10,000 $59,500 $5,000 $104,000 $21,000 $12,500 $15,000 What is net income? O A. $104,000 OB. $55,500 O c. $139,000 D. $35,000