Bennett Inc. has the following balances in their accounts at year end. What is their income for the period?

Accounts Payable $ $40,000$

Accounts Receivable $ $25,700$

Retained Earnings $ $40,000$

Utilities Expense $ $12,500$

Sales Revenue $ $250,000$

Buildings $ $150,000$

Common stock $($contributed capital$)$ $ $200,000$

Cash $ $30,000$

Equipment $ $84,500$

Income taxes payable $ $7,500$

Travel expense $ $2,200$

Land $ $65,000$

Rent Expense

$ $200,000$

Furniture $ $112,900$

Salaries expense $ $45,500$