During the month of March, Orpurt Optical, an optical retail store, had the following transactions. Billed $498,819 in revenues on credit Received $164,511 from customers' accounts receivable Incurred expenses of $194,787 but only paid $87,422 cash for these expenses Prepaid $32,342 for computer services to be used next month What was the company's accrual basis net income for the month (ignoring the effects of taxes)?