The balance sheet for Pitchfork Company at December 31, 20X1 indicated that total assets were $100,000 and total liabilities were $36,500.At December 31, 20X2 total assets had increased to $141,000 and total liabilities were $53,700.During 20X2, Sparky issued $20,000 in new common stock and paid an $18,000 dividend. There were no other changes in equity other than Net Income for 20X2.

Given this information, determine Net Income for the year ended December 31, 20X2 (ignore taxes):

*When recording your answer,do not use any symbols like dollar signs $or commas.Example:if your answer is $7,500,you would enter it as 7500.Use this format for all fill in the blank responses.

can you show the work please.