Stella's Bakery calculated their net income to be $100,000 before any adjusting journal entries were recorded. What amount of net income will Stella's Bakery report after adjusting journal entries are recorded for the following transactions:

1. Record depreciation expense of $15,000
2. Earned $25,000 of rent revenue that was initially recorded as unearned revenue
3. Reclassified $10,000 of maintenance expense to a prepaid asset (represents prepaid maintenance coverage for the upcoming year)
4. Estimated bad debt expense of $10,000; there is no beginning allowance balance