Net cash flow from operating activities for 2018 for Graham Corporation was $495,000. The following items are reported on the financial statements for 2018:

Depreciation and amortization		$ 30,000
Cash dividends paid on common stock		18,000
Increase in accounts receivable		36,000

Based only on the information above, Grahams net income for 2018 was:

$501,000.

$429,000.

$441,000.

$489,000.