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5hysoeig Corporation purchased a tract of uninptoved tand for $557.000. Thlsken was imptoved and eutod vided into builininglots at an additional cost of $115.000. These

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5hysoeig Corporation purchased a tract of uninptoved tand for $557.000. Thlsken was imptoved and eutod vided into builininglots at an additional cost of $115.000. These buldieng iods were all of the same uze but owiog to differences in location were offered for als. at different prices as follows Operating expentes for the year allocated to this pro-fect totai 568,900 , Lots yisold at the yeavend were as foltown: Gromap 1 ilot Croop: 3rots Givust 4 lots At the end of the fiscal yetar sityong Corporation insiructs you to arrive at the net income reas ieed on thi eperathin toitate. D Do mol round intermedleft calnulations, Aound final annwer to 0 declimal places, eg. 5.845) Net incane

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