Given the data below for a firm in its first year of operation, determine net income under the accrual basis of accounting. 
Definitions:
Computerization
The process of applying computer technology and systems to automate tasks, processes, and operations, transforming how work is done, data is managed, and information is shared.
Perfect Competition
A market structure characterized by a complete absence of rivalry among the producers, with many buyers and sellers, where all entities sell an identical product.
Perfect Knowledge
A hypothetical situation in economics where all consumers and producers have complete and instantaneous knowledge of all market prices, conditions, and trends.
Perfect Mobility
A theoretical condition where factors of production, such as labor and capital, can be freely moved from one use to another without costs or barriers.
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