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The following information relates to Marshall Manufacturing's current accounting period: Raw materials used $ 18,000 Direct labor wages 34,000 Sales salaries and commissions 26,000 Depreciation

The following information relates to Marshall Manufacturing's current accounting period:

Raw materials used $ 18,000
Direct labor wages 34,000
Sales salaries and commissions 26,000
Depreciation on production equipment 3,100
Rent on manufacturing facilities 4,100
Administrative supplies and utilities 6,000
Sales revenue 115,000
Units produced 5,000
Units sold 5,000

Based on this information, what is the company's net income? (Do not round intermediate calculations.)

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