The assets and liabilities of Computer Service Corp. as of December 31, 2016, and revenues and expenses for the year ended on that date follow:

Land $8,200 Equipment .. $35,000

Note payable .. 31,000 Interest expense 4,650

Property tax expense 2,400 Interest payable .. 1,000

Rent expense .. 13,000 Accounts payable .. 9,000

Accounts receivable .. 26,500 Salary expense . 34,000

Service revenue . 143, 000 Building . 125,000

Supplies 1,900 Cash . 14,000

Utilities expense 2,700 Common stock .. 5,350

Beginning retained earnings was $114,000 and dividends totaled $36,000 for the year.

What was the net income of Computer Service Corp. for the year ended December 31, 2016?