What is the Net Income based on the following Adjusted Trail Balance?

	NVC Accounting Services Adjusted Trail Balance November 30th, 2014
	Debit	Credit
Cash	$20,200.00
Accounts Receivable	69,600.00
Supplies	2500.00
Shop Equipment	26,600.00
Accumulated Depreciation: Shop Equipment		$9,600.00
Accounts Payable		18,000.00
Notes Payable		3,700.00
Income Taxes Payable		26,700.00
Common Stock		22,200.00
Retained Earnings		5,900.00
Dividends	16,700.00
Sales		127,400.00
Cost of Goods Sold	35,600.00
Rent Expense	9,000.00
Wages Expense	26,700.00
Supplies Expense	3,900.00
Utilities Expense	2,100.00
Depreciation Expense	600.00
	$213,500.00	$213,500.00

$85,100.00

$50,500.00

$49,500.00

$86,100.00