The following select account data is taken from the records of Reese Industries for 2019.

Reese Industries data

Account	Amount
Sales	$627,769
Merchandise Inventory	544,340
Sales Discounts	51,866
Interest Expense	3,560
Sales Returns and Allowances	80,000
Interest Revenue	9,262
Cost of Goods Sold	221,233
Rent Expense	11,989
Depreciation Expense: Office Equipment	3,051
Insurance Expense	2,059
Advertising Expense	12,618
Accounts Receivable	96,578
Office Supplies Expense	1,702
Rent Revenue	20,683
Sales Salaries Expense	32,944
Accounts payable	121,671
Common Stock	51,545
Marketing expense	30,359

Use the data provided to calculate net income for 2019.