Bridgeport Company's income statement for the year ended December $31,2020,$ contained the following condensed information

Service revenue

Operating expenses $($excluding depreciation$)$

Depreciation expense

Loss on sale of equipment

Income before income taxes

Income tax expense

Net income

$$847,000$

$$626,000$

$60,000$

$\backslash$table$[[26,000,712,000],[,135,000],[,40,000],[,$$$95,000$