Required information The following information applies to the questions displayed below.) Selected account balances from the adjusted trial balance for Olinda Corporation as of its calendar year-end December 31 follow. Debit Credit $ 15,800 $ 35,800 27,650 45,800 108,200 73,480 45,800 178, 100 29,050 a. Interest revenue b. Depreciation expense-Equipment c. Loss on sale of equipment d. Accounts payable e. Other operating expenses f. Accumulated depreciation Equipment 8. Gain from settlement of lawsuit h. Accumulated depreciation-Buildings i. Loss from operating a discontinued segment (pretax) 1. Gain on insurance recovery of tornado damage k. Net sales 1. Depreciation expense-Buildings m. Correction of overstatement of prior year's sales (pretax) n. Gain on sale of discontinued segment's assets (pretax) o. Loss from settlement of lawsuit p. Income tax expense 4. Cost of goods sold 30,920 1,016,500 53,800 17,800 43,000 25,550 500, 500 4. What is the amount of net income for the year? Answer is complete but not entirely correct. Net income 388.220