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Sanhueza, Inc., reported a net cash flow from operating activities of $224,100 on its statement of cash flows for the year ended December 31, 2016.

Sanhueza, Inc., reported a net cash flow from operating activities of $224,100 on its statement of cash flows for the year ended December 31, 2016. The following information was reported in the Cash Flows from Operating Activities section of the statement of cash flows, using the indirect method:

Decrease in income taxes payable $5,300
Decrease in inventories 13,300
Depreciation 20,400
Gain on sale of investments 9,200
Increase in accounts payable 3,700
Increase in prepaid expenses 2,200
Increase in accounts receivable 10,000

Determine the net income reported by Sanhueza, Inc., for the year ended December 31, 2016. $

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