Unearned Rent Revenue is

	a.	debited when rent is received in advance.
	b.	a revenue account.
	c.	an operating liability.
	d.	a contra account to Rent Revenue.

A service-based company reports gross revenue of $125,000; sales discounts of $4,500; allowance for doubtful accounts of $6,000; operating expenses of $89,600; and a loss on sale of PP&E of $2,000. What is the company's net income before taxes?