Potter Company reports the following line items: 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 $50,000 $28,000 $37,000 $55,000 $80,000 $21,500 $27,000 $1,500 $40,000 $5,000 $10,000 O A. $46,000 B. $106,000 O C. $67,500 OD. $27,000 Equipment Supplies Service Revenue Supplies Expense Utilities Expense Income Tax Expense $59,500 $5,000 $106,000 $18,000 $8,500 $12,000 What is net income? A. $46,000 OB. $106,000 O C. $67,500 OD. $27,000