The company has the following account balances at the end of the year: interest expense $$45,000,$ other operating income, $$58,000,$ cost of goods sold $$404,000,$ administrative expenses $$45,000,$ revenues $$542,000,$ income taxes $$16,000,$ marketing expenses $$30,000,$ and depreciation expense $$2,000.$ What is the company's net income?