Various items from the Perril Company's Income statement for the year ending December 31, 2005 are listed below: Interest expense = 70 Depreciation = 94 Taxes = 20 Dividends paid = 15 Beginning inventory = 116 Gross sales = 803 Materials purchases = 594 Operating expenses (excluding depreciation) = 228 Returns and allowances = 56 Ending inventory = 138 Compute Net income (Record your answer without a dollar sign, without commas, without spaces and if your answer is negative, put a minus sign (i.e., -) before your answer with no spaces between the minus sign and the number). Various items from the Perril Company's Income statement for the year ending December 31, 2005 are listed below: Interest expense = 70 Depreciation = 94 Taxes = 20 Dividends paid = 15 Beginning inventory = 116 Gross sales = 803 Materials purchases = 594 Operating expenses (excluding depreciation) = 228 Returns and allowances = 56 Ending inventory = 138 Compute Net income (Record your answer without a dollar sign, without commas, without spaces and if your answer is negative, put a minus sign (i.e., -) before your answer with no spaces between the minus sign and the number)