Presented below are the changes in the account balances of Prada Company during the year, except for retained earnings. Increase(Decrease) Plant Assets 37.000- Cash $29.000- Acc.Receiable(Net) (13.000)- Bonds Payable (20.000) Common Stock 72.000- Notes Payable 34.000 Inventory 52.000- The only entries in Retained Earnings were for net income and a dividend decleration of $12.000. According to information given above, compute the net income for the current year. (Show all of your computations!)