The following terms are taken from the financial statements of the Concord Service for the year ending December 31.2021 Accounts payable 5 17900 Accounts receivablet 11200 Accumulated depreciation equipment 22700 Advertising expense 21000 Cash 14900 Common stock 41500 Dividends 13800 Depreciation expense 12000 Insurance expense 3100 Note payable, due /p/22 71300 Prepaid insurance (12-month policy/ 6200 Rent expense 17000 Retained earnings (1/1/21 60050 Salaries and wages expense 32200 Service revenue 130800 Supplies 4100 Supplies expense 6000 207750 Equiment What is the company's net income for the year ending December 31, 2021? $25700 $39500 O $12000 5130800