The following events apply to X Company in 2012:
| Performed services for clients on account |
$9,818 |
| Performed services for clients for cash |
3,535 |
| Incurred operating expenses on account |
4,710 |
| Paid salaries to employees |
1,928 |
| Collected cash from accounts receivable |
7,123 |
| Paid cash on accounts payable |
3,850 |
What was net income in 2012?