The following data pertain to Cassidy Lake Corporation. Total assets at January 1,2020 , were $316000; at December 31 , 2020 , total assets were $387000. During 2020 , sales were $1072000; dividends were $14000; and operating expenses (exclusive of cost of goods sold) were $610000. Total liabilities at December 31, 2020, were $176000; at January 1,2020 , total liabilities were $170000. During 2020, there were no additional capital investments by the owners of Cassidy Lake Corporation. What was net income for 2020? Round your interim calculations and final answer to 2 decimal places. Do not include any dollar signs, percentage \% signs, commas, and/or spaces in your answer. Your answer should only include numbers. For negative numbers, use a negative sign before the number e.g. -1021.57 Do not use brackets for negative numbers and do not leave a space between the negative sign and the number. Answer: 146000(79000)