The following account balances relate to the stockholders' equity accounts of Bramble Corp. at year$-$end.

$2022,2021$

Common stock, $10,500$ and $10,000$ shares, issued and

outstanding, respectively, for $2022$ and $2021,$$$159,000,$$$135,100$

Preferred stock, $5,000$ shares, issued and outstanding $,119,600,119,600$

Retained earnings

A small stock dividend was declared and issued in $2022.$ The market price of the shares issued was $$10,700.$ Cash dividends of

$$15,000$ were declared and paid in both $2022$ and $2021.$ The common stock and preferred stock have no par or stated value.

$($a$)$

What was the amount of net income reported by Bramble Corp. in $2022?$

Net income $

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