Winter Company earned revenues of $150,000 in cash and $200,000 on account during 2022. Of the $200,000 on account, $60,000 was collected in cash in 2022 and the rest in 2023. The company incurred expenses of $115,000 in 2022 and made payments of $90,000 towards the expenses in 2022. What is net income in 2022 under accrual accounting? A. $85,000 B. $260,000 C. $235,000 D. $350,000