Vaughn manufacturing is a private camping ground near the mount miguel recreation area. it has compiled the following financial information as of december 31, 2017. service revenue (from camping fees) $168,960 dividends $11,520 sales revenue (from general store) 32,000 notes payable 64,000 accounts payable 14,080 expenses during 2017 161,280 cash 10,880 supplies 7,040 equipment 145,920 common stock 51,200 retained earnings (1/1/2017) 6,400 determine vaughn manufacturing’s net income for 2017. vaughn manufacturing’s net income for 2017 $enter a net income amount