Koman Inc. provided you with its following financial information for 2021: Revenue $263,000 Cost of goods sold $121,000 Office expenses $ 29,000 Bad debt expense $ 3,000 Salaries $ 34,000 Amortization $11,000 Assets $500,000 Liabilities $200,000 Equity $300,000 Capital cost allowance for the year was calculated at $7,000, but has not been included in the income statement. REQUIRED: Calculate the company's net income for tax purposes for 2021. Write your answer (without $ sign and rounded to zero decimal places) in the space provided below