The following items are taken from the financial statements of Dinkel Company for the year ending December 31, 2010:

Accounts payable	$18,000
Accounts receivable	11,000
Accumulated depreciation - equipment	28,000
Advertising expense	21,000
Cash 15,000	15,000
Dinkel, Capital (1/1/10)	102,000
Dinkel, Drawing	14,000
Depreciation expense	12,000
Insurance expense	3,000
Note payable, due 6/30/11	70,000
Prepaid insurance (12-month policy)	6,000
Rent expense	17,000
Salaries expense	32,000
Service revenue	133,000
Supplies	4,000
Supplies expense	6,000
Equipment	210,000

What is the companys net income for the year ending December 31, 2010?

$12,000

$42,000

$133,000

$28,000