Given the data below for a firm in its first year of operation, determine net income under the accrual basis of accounting. 
Definitions:
Building Completed
The state or condition of a construction project when all designated work is finished, and the structure is ready for occupancy or use.
Cheque
A negotiable instrument consisting of a bill of exchange drawn on a bank, payable on demand.
Cooling-off Period
A designated timeframe after a sale during which a consumer can cancel a transaction without penalty, often applied to contracts entered at a distance or off-premises.
Consumer Sales Transactions
Deals or agreements involving the sale of goods or services from a business to an individual for personal, family, or household purposes.
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