During the month of March 2017, Weimar World, a tax-preparation service, had the following transactions.

Billed $496,000 in revenues on credit

Received $164,000 from customers accounts receivable

Incurred expenses of $194,000 but only paid $87,700 cash for these expenses

Prepaid $32,220 for computer services to be used next month What was the companys accrual basis net income for the month?

What was the companys accrual basis net income for the month?