accounting net income question

Alpaca Corporation had revenues of $200,000 in its first year of operations. The company has not collected on $19,900 of its sales and still owes $26,300 on $70,000 of merchandise it purchased. The company had no inventory on hand at the end ofthe year. The company paid $12,500 in salaries. Owners invested $21,000 in the business and $21,000 was borrowed on a five-year note. The company paid $5000 in interest that was the amount owed for the year. and paid $6.700 for a two-year insurance policy on the first day of business. Alpaca has an effective income tax rate of 30%. Compute net income for the first year for Alpaca Corporation.