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Question 14 (3 points) Various items from the Perril Company's Income statement for the year ending December 31, 2005 are listed below: Interest expense =

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Question 14 (3 points) Various items from the Perril Company's Income statement for the year ending December 31, 2005 are listed below: Interest expense = 31 Depreciation = 64 Taxes = 46 Dividends paid = 15 Beginning inventory = 107 Gross sales = 859 Materials purchases = 528 Operating expenses (excluding depreciation) = 140 Returns and allowances = 72 Ending inventory = 147 Compute Net income (Record your answer without a dollar sign, without commas, without spaces and if your answer is negative, put a minus sign (i.e., -) before your answer with no spaces between the minus sign and the number). Your

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