Selected information follows for Crane Corporation for 2020: Accounts payable $61,500 Cash 216,000 Cost of goods sold 525,000 Income tax expense 31,400 Interest expense 5,900 Retained earnings 371,500 Sales revenue 757,000 Selling expenses 66,500 Calculate Crane's net income for 2020. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) Net income