company pos of the year ended December 31st:

1. Cash sales totaled $260,000.

2. Credit sales (on account) totaled $479,000. Of this, $78,000 remains uncollected at the end of the period.

3. Cash collections from customers for services yet to be provided totaled $88,000.

4. A $22,000 loss from the sale of property and equipment occurred.

5. Interest revenue was $7,700.

6. Cost of supplies used during the period was $336,000.

7. Rent expense was $36,000.

8. Salaries expense was $49,000. Of this, $4,000 remains unpaid as of the end of the period.

9. Other operating expenses totaled $79,000.

10. Prepaid expenses was $4,000 at the end of the period.

11. Interest expense was $19,900.

Ignoring taxes, how much was Ryan's net income?