The following is selected information from Concord Corporation for the fiscal year ending October $31,2022$Cash recerved from customers$$294000$Revenue recognized$441000$Cash paid for expenses$165000$Cash paid for computers on November $1,2021$ that will be used for $3$ years$54000$Expenses incurred including any depreciation$201000$Proceeds from a bank loan, part of which was used to pay for the computers$105000$Based on the accrual basis of accounting, what is Concord's net income for the year ending October $31,2022?$A $-$ $$270000$B$-201000$C$-240000$D$-258000$