The following are changes in all account balances of Windsor Furniture during the current year, except for retained earnings. Increase (Decrease) Increase (Decrease) Cash 80,040 Accounts Payable (9.160) Accounts Receivable (net) 52,200 Bonds Payable 95,120 Inventory 147,320 Share Capital-Ordinary 160,080 Investments (54,520) Compute the net income for the current year, assuming that there were no entries in the Retained Earnings account except for net income and a dividend declaration of 27,840 which was paid in the current year. Net income