. Karli Company, a 90% owned subsidiary of Moe, Inc., sold land to Moe on May 1, 2020, for $80,000. The land originally cost Karli $85,000. Karli reported net income of $200,000, $180,000, and $220,000 for 2020, 2021, and 2022, respectively. Moe sold the land purchased from Karli for $92,000 in 2022. Both companies use the equity method of accounting.

Assuming there are no excess amortizations or other intra-entity transactions, compute income from Karli reported on Moe's books for 2022.