The following data relate to Swift Company for the year ended December 31, 2012. Swift Company uses the accrual basis. Sales on credit $250,000 Cost of inventory sold on credit 170,000 Collections from customers 220,000 Purchase of inventory on credit 150,000 Payment for purchases 140,000 Selling expenses (accrual basis) 40,000 Payment for selling expenses 45,000 Which of the following amounts represents income for Swift Company for the year ended December 31, 2012?