Dr. Bob Zimmerman, M.D. maintains the accounting records of the Wellness Center on a cash basis. During the year, Dr. Zimmerman collected $302,393 from his patients and paid $97,580 in expenses. Information regarding the amount of receivables (accrued revenues), unearned revenues, payables for accrued expenses, and prepaid expenses is as follows: Balance at Beginning of Year Balance at End of Year Accounts Receivable $43,188 $50,356 Unearned Revenues $3,407 $2,449 Accrued Payables $5,739 $5,610 Prepaid Expenses $5,137 $5,811 What is Dr. Zimmerman's net income on an accrual basis?