DJ Company, a manufacturer, uses the indirect method for preparing its statement of cash flows. The company has provided the following information pertaining to its recent year of operation:

• Cash flow from operating activities, $252,000
• Accounts payable decreased $16,000
• Prepaid assets increased $10,000
• Depreciation expense was $22,000
• Accounts receivable decreased $16,000
• Loss on sale of a depreciable asset was $26,000
• Wages payable increased $20,000
• Unearned revenue decreased $11,000
• Patent amortization expense was $20,000

How much was DJ's net income?

Multiple Choice:

• $165,000.

• $211,000.

• $185,000.

• $153,000.