Presented below are changes in all the account balances of Bramble Furniture Co. during the current year, except for retained earnings. Cash Accounts Receivable (net) Inventory Investments Increase (Decrease) $70,360 48,300 133,900 (47,730) Accounts Payable Bonds Payable Common Stock Paid-In Capital in Excess of Par-Common Stock Increase (Decrease) $(52,610) 84,270 134,700 13,220 Compute the net income for the current year, assuming that there were no entries in the Retained Earnings account except for net income and a dividend declaration of $23,000 which was paid in the current year. Net income