Table 2.1.2 Operating expenses Interest expense Income taxes Miscellaneous non-farm expense Loss on the sale of capital asset Gross revenues $390,000 30,000 40,000 5,000 20,000 550,000 Refer to Table 2.1.2., which of the following represents net farm income? $105,000 $65,000 $160,000 $130,000 $110,000