The following is a listing of some of the balance sheet accounts and all of the income statement accounts for Northview Company as they appear on the company's adjusted trial balance. Accounts Payable Accounts Receivable Inventory Advertising Expense Cost of Goods Sold Delivery Expense Income Tax Expense $12,000 22,000 22,200 17,500 133,000 7,100 4,000 Insurance Expense. 1,000 Rent Expense 16,400 Sales Revenue 270,000 Sales Discounts 9,900 Sales Returns & Allowances 35,500 Net income would be: Net income would be: 55,500 Multiple Choice $45,600 $48,600 $49.600 $58.350