Blue Water Kayak began operations on January 1, 2022. The owner invested $26,000 during the first year and was able to withdraw cash of $66,000 after a successful first year.

During 2023, the second year of operations, the business reported profit of $191,000, owner withdrawals of $86,000, and no owner investments.

In 2024 the third year, Blue Water Kayak incurred a loss of $6,600. The owner made no withdrawals and no owner investments during this period. At the end of 2024, owners capital was $136,000.

calculate the profit for year 2022