The following information appeared in the financial statements prepared by MaxCorp on December 31, 201X. Cash $22,715; Accounts receivable $48,628; Inventory $72,969; Plant & equipment $270,770; Accumulated Depreciation $72,840; Accounts payable $41,489; Wages payable $5,768; Taxes payable $8,760; Bonds payable $144,418; Common stock $104,115; Sales $428,267; Cost of goods sold $316,153; Selling expenses $43,560; Rent expense $53,152; Interest expense $21,659; and Income tax expense $12,687. How much was Net Income? Selected Answer: -18,944 Correct Answer: -18,944 0