The following items are taken from the financial statements of company for December 31, 2010: Accounts payable Accounts receivable Accumulated depreciation - equipment Advertising expense Cash Capital1/1/2010 Drawings Depreciation expense Insurance expense Dote payable, due 30/6/2011 Prepaid insurance (12 month policy) Rent expense Salaries expense Service revenue Supplies Supplies expense Equipment $ 10.000 11.000 28.000 21.000 15,000 102,000 14,000 12,000 3,000 70,000 6,000 17,000 32,000 133,000 4,000 6.000 210,000 25. What is the company's net income for the year ending December 31, 2010? a. $133,000 b. $42.000 $28,000 d $12,000 26 What are total current assets at December 31, 2010 a $26.000 b. $32,000