Sales revenue 250,000 Sales returns and allowances 6,000 Cash 51,000 Sales salaries expense 16,000 Inventory 30,000 Advertising expense 10,000 Equipment 200,000 Administrative Salaries expense 20,000 Shared-capital 100,000 interest expense 2,000 Cost of goods sold 89,000 Income taxes 8,000 Rent revenue 20,000 15,000 Depreciation of office equipment If this information was used to prepare an income statement, Net Income should be: Select one: O a. 106,000 b. 116,000 c. 114,000 d. 104,000 e. 112,000 Sales revenue 30,000 250.000 6,000 Sales returns and allowances 10,000 Inventory Advertising expense Equipment Administrative Salaries expense Cash 200,000 51,000 16,000 Sales salaries expense 20,000 Income taxes 8.000 Shared-capital 100,000 Rent revenue 20,000 interest expense 2,000 89,000 15,000 Cost of goods sold Depreciation of office equipment If this information was used to prepare an income a statement, Income Before Tax should be: Select one: @a, 116,000 b. 94,000 c 114,000 d. 104,000 in downloaded e. 112.000