The following data (in thousands of dollars) have been taken from the accounting records of Karlana Corporation for the year just ended.

Sales$910Raw materials inventory, beginning$80Raw materials inventory, ending$20Purchases of raw materials$100Direct labour$130Manufacturing overhead$200Administrative expenses$160Selling expenses$140Work-in-process inventory, beginning$40Work-in-process inventory, ending$10Finished goods inventory, beginning$130Finished goods inventory, ending$150

What was the net income (in thousands of dollars) for the year?