Yolanda is a cash basis taxpayer with the following transaction during the year: Cash received from sales of products $65,000 Cash paid for expenses (except rent and interest) 40,000 Rent paid on a leased building for 6 months Beginning December 1 12,000 Prepaid interest on bank loan, paid on December 31 for the next 3 months 5,000 Calculate Yolanda's income from her business for this calendar year. Sales income $ Expenses: Other than rent and interest - Rent - Interest - Net income $