Cash flows during the first year of operations for the Harman$-$Kardon Consulting Company were as follows: Cash collected from customers, $$375,000$; Cash paid for rent, $$47,000$; Cash paid to employees for services rendered during the year, $$127,000$; Cash paid for utilities, $$57,000.$

In addition, you determine that customers owed the company $$67,000$ at the end of the year, and no bad debts were anticipated. the company owed the gas and electric company $$2,700$ at year$-$end, and the rent payment was for a two$-$year period.

Calculate accrual net income for the year.

Net income