These items are taken from the financial statements of Flint Corp. at December 31, 2022.

Buildings		$102,800
Accounts receivable		11,400
Prepaid insurance		4,680
Cash		11,840
Equipment		82,600
Land		61,200
Office expense		580
Income tax expense		200
Depreciation expense		5,100
Interest expense		2,500
Common shares		62,000
Retained earnings (January 1, 2022)		40,000
Accumulated depreciationbuildings		46,000
Accounts payable		8,200
Income taxes payable		1,000
Bank loan payable (due July 1, 2024)		93,800
Accumulated depreciationequipment		18,720
Interest payable		3,600
Sales		9,580

Calculate the net income for the year.