Haskins and Jones, Attorneys at Law, maintain its books on a cash basis. During 2016, the company collected $545,000 in fees from its clients and paid out $412,000 in expenses. You are able to determine the following information about accounts receivable, prepaid expenses,deffered fee revenue and accrued liabilities.

                     Jan 1 2016.   Dec 31 2016

Accounts

receivable.     62,000.           55,000

prepaid

insurance.       4,500.              6,000

prepaid

rent.                  9,200.              8,200

deferred fee

revenue            9,200.              11,000

Accrued

liabilities

(for various

expenses)        12,200.            15,600

In addition, 2016 depreciation expensr o furniture and fixtures is 22,000.

Required Determine accrual basis nst income for 2016.