Using the data below from Centerwood Corporation, compute NET INCOME. Accounts Payable Cost of Services $60 120 Cash Capital Stock Dividends Equipment 60 240 90 760 Accounts Receivable 270 Long-term Debt 410 Prepaid Insurance Expense 10 Rent Expense 110 Retained Earnings (beginning) 360 Service Revenue 670 Advertising Expense 160 $400 $270 $189 $280 $180