During the month of Marc, Weimar World, a tax-preparation service, had the following transactions: Billed $396,800 in revenues on credit; Received $131,200 from customers' accounts receivable; Incurred expenses of $155,200 but only paid $70,160 cash for these expenses; Prepaid $25,776 for computer services to be used next month. What was the company's accrual basis net income for the month?