A company provides the following information for its most recent year:

Beginning total equity: $$440,000$

Ending total equity: $$360,000$

Beginning total assets: $$757,000$

Ending total assets: $$727,000$

Return on equity: $33\mathrm{.}75\%$

What is net income?

$$250,425$

$$109,000$

$$122,000$

$$121,500$

$$135,000$