Blossom Corporation purchased a tract of unimproved land for $$555,000.$ This land was improved and subdivided

into building lots at an additional cost of $$127,000.$ These building lots were all of the same size but owing to

differences in location were offered for sale at different prices as follows:

Operating expenses for the year allocated to this project total $$74,400.$ Lots unsold at the year$-$end were as

follows:

Group $1,9$ lots

Group $23$ lots

Group $3,4$ lots

At the end of the fiscal year Blossom Corporation instructs you to arrive at the net income realized on this

operation to date. $($Do not round intermediate calculations. Round final answer to $0$ decimal places, e$.$g$.5,845.)$

Net income $