Prior year Current year 01 Item 8,190.00 7,995.00 Accounts payable 6,048.00 6,734.00 Accounts receivable 979.00 1,559.00 Accruals 772 222 Cash 10,613.00 11,536.00 Common Stock COGS 12,720.00 18,090.00 Current portion long-term debt 4,956.00 4,955.00 bepreciation expense 2,500 2,827.00 Interest expenso 733 417 Inventories 4,175.00 4,795.00 Long-term debt 14,977.00 13,644.00 Net fixed assets 50,679.00 54,862.00 4,325.00 9,888.00 Notes payable Operating expenses (excl. depr.) Retained earnings 13,977 18,172 28,763.00 30,773.00 Sales 35,119 47,025.00 Taxes 2,084 2,775 What is the firm's net income in the current year