Tenisa's friend Carma owns a floral shop, Petunias & Petals. Carma does the bookkeeping herself and is working on creating an income statement. The company has the following account balances at the end of the year: Interest Expense $45,000 Other Non-Operating Income $58,000 Cost of Goods Sold $404,000 Administrative Expenses $45,000 Revenues $542,000 Income Taxes $16,000 Marketing Expenses $30,000 Depreciation Expense $2,000 What is the company's net income?