Smokey Enterprises began operations by receiving $$132,000$ cash from its sole owner, Jessica Jones. During its first year of operations, the business earned $$26,400$ in cash from operations and paid $$19,800$ in cash expenses. What is Smokey Enterprises' net income for its first year of operations?

Multiple Choice

$$26,400$

$$138,600$

$$19,800$

$$6,600$