Cain Company reports net cash provided by operating activities of $$32,000.$ It also reports the following information under $$Adjustments to reconcile net income to net cash provided by operating activities$$ on its statement of cash flows $($using the indirect method$).$

Gain on sale of equipment $ $8,800$ Decrease in inventory $ $4,800$

Increase in accounts receivable $3,400$ Increase in prepaid expenses $2,800$

Depreciation expense $5,800$ Decrease in wages payable $1,800$

Determine Cain$$s net income.