Saint Clair Corp. uses LIFO method for all its inventories. BALANCE SHEET: : Dec 31, 2014 Dec 31, 2013 Inventory : 142,000 | 120,000 INCOME STATEMENT : 2014 Net sales : 1,000,000 Cost of goods sold : (700,000) Gross profit : 300,000 Operating expenses : (160,000) Operating income : 140,000 Investment income : 20,000 Interest expense : (25,000) Income before income taxes : 135,000 Income tax expense (40,500) Net income : 94,500 NOTES : Dec 31, 2014 | Dec 31, 2013 LIFO Reserve : 104,000 | 84,000 What will be the net income if Saint Clair Corp. uses FIFO method for inventories