Cash received from customers $300,000 Revenue recognized $375,000 Cash paid for expenses $180,000 Cash paid for computers on November 1, 2026 that will be used for 3 years (annual depreciation is $16,000) $48,000 Expenses incurred, including interest, but excluding any depreciation $220,000 Proceeds from a bank loan, part of which was used to pay for the computers $100,000 Based on the accrual basis of accounting, what is Motley Corporation's net income for the year ending October 31, 2027? A) $72,000 B) $104,000 C) $139,000 D) $155,000