The following selected account balances were taken from Monk Company's accounting records during 2022: January 1, 202Z Utilities payable 13,000 Common stock 39,000 Inventory 42.000 Long-term notes payable 83,000 Accounts receivable 17,000 Salaries payable 12,000 Retained earnings 46,000 Accounts payable 75,000 December 31, 2022 7,000 88,000 34,000 67,000 69,000 18,000 65,000 21,000 The following selected information was taken from Monk Company's 2022 statement of cash flows: Cash paid to purchase inventory Net cash flow - financing activities Cash collected from customers Cash paid for utilities $157,000 11,000 inflow 186,000 28,000 Calculate the amount of net income reported on Monk Company's 2022 income statement