Somerset Company, a manufacturer, uses the indirect method for preparing its statement of cash flows. The company has provided the following information pertaining to its recent year of operaton:

Cash flow from operating activitues, $$148\mathrm{.}000$

Accounts payable decreased $$13,500$

Prepald assets increased $$8,100$

Depreclation expense was $$14,100$

Accounts recelvable decreased $$11,100$

Loss on sale of a depreciable asset was $$9200$

Wages payable increased $$5,600$

Unearned revenue decreased $$9,200$

Patent amortization expense was $$5,600$

How much was Somerset's net Income?

Muiriple Cholce

$$105\mathrm{.}600$

$$133\mathrm{.}200$

$$140,000.$

$$105,000.$