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Raw materials used $16,300 Direct labor wages 32,300 Sales salaries and commissions 24,300 Depreciation on production equipment 2,930 Rent on manufacturing facilities 3,930 Administrative supplies

Raw materials used $16,300 Direct labor wages 32,300 Sales salaries and commissions 24,300 Depreciation on production equipment 2,930 Rent on manufacturing facilities 3,930 Administrative supplies and utilities 4,300 Sales revenue 98,000 Units produced 3,300 Units sold 3,300 Based on this information, what is the company's net income? (Do not round intermediate calculations.) $14,930 $31,640 $16,870 $13,940

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