Camera Shoppe sold 2,300 camera lenses to a smaller retailer for $230 each in 2020. These lenses cost $150 to make. Camera Shoppe also gave the retailer a $5.00 discount as an incentive to buy the lenses (considered a selling expense). To produce the lenses, Camera Shoppe took out a $120,000 loan, which it paid 10% interest on. Both interest charges and the loan were paid on December 31, 2021. Camera Shoppe's income tax rate is 25%. Amortization expense for the year was $12,000. Did Camera Shoppe make a profit? I (Verify with an income statement in good form)