The following information relates to Nebula Inc.

Sales Revenue	$230,000
Cost of Goods Sold	150,000
Interest Revenue	10,000
Operating Expenses	42,500
Sales Discounts	20,000
Sales Returns and Allowances	5,000

Calculate the net income of Nebula.

A.

$22,500

B.

$67,500

C.

$230,000

D.

$12,500