The following is selected information from Splish Brothers Inc. for the fiscal year ending October 31, 2022. Cash received from customers Revenue recognized Cash paid for expenses Cash paid for computers on November 1, 2021 that will be used for 3 years Expenses incurred including any depreciation Proceeds from a bank loan, part of which was used to pay for the computers $360000 528000 204000 57600 259200 120000 Based on the accrual basis of accounting, what is Splish Brothers's net income for the year ending October 31, 2022? $268800 $249600 $324000 $304800