Ram Company acquired as an investment $240,000 of 6% bonds, dated January 1 , on January 1 , 201. Ram is holding the bonds in its available for sale portfolio. The market interest rate was 8% for bonds of similar risk and maturity. The company paid $200,000 for the bonds. The company will receive interest semiannually on June 30 and December 31 . As a result of changing market conditions, the fair value of the bonds at December 31, 20x1, was $205,000. In June of 20x2, Moody's bond rating agency downgraded the risk of the bonds motivating the company to sell the investment on July 1, 20x2, for $190,000. Income from Operations for 202 (before other Rev/Gain/Exp/Losses) is $100,000. Determine Net Income for 202. Round all calculations to the nearest whole number. \begin{tabular}{c} \hline$100,000 \\ \hline$95,568 \\ \hline$108,065 \\ \hline$98,936 \end{tabular}