Sari ran a proprietorship that generated $75,000 in profits in 2020. Included in these profits were: a) $10,000 - amortization expense; b) $5,000 - reasonable bad debt expense; c) $55,000 - cost of goods sold (closing inventory at market value); and $8,000 - meals and entertainment with clients. The business' capital cost allowance has been accurately calculated at $8,500 for the year. How much is Sari's business net income for tax purposes? $80,500 $73,500 $89,000 $75,000