During its first year of operations, Silverman Company paid $$14,000$ for direct materials and $$19,000$ for production workers' wages. Lease payments and utilities on the production facilities amounted to $$17,000$ while general, selling, and administrative expenses totaled $$8,000.$ The company produced $5,000$ units and sold $3,000$ units at a price of $$15\mathrm{.}00$ a unit.

What was Silverman's net income for the first year in operation?

Multiple Choice

$$37,000$

$$12,000$

$$7,000$

$$28,000$