Novex Inc. has prepared a trial balance that includes the following: accounts receivable-$19,000, inventory-$30,000, cost of goods sold-$75,000, sales revenue-$190,000, prepaid rent-$8,000, salary payable-$12,000, rent expense- $20,000, salary expense-$35,000, and dividends paid-$7,000. What should be reported as net income for the period? a) $60,000 b) $53,000 c) $40,000 d) $55,000