The following is selected information from Vaughn Corporation 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 (annual depreciation is $15500) Expenses incurred, including interest, but excluding any depreciation Proceeds from a bank loan, part of which was used to pay for the computers $301000 379000 179000 46500 223000 99000 Based on the accrual basis of accounting, what is Vaughn Corporation's net income for the year ending October 31, 2022? O $77500. O $108500. O $140500. O $156000.