Darby Enterprises, the sole proprietorship of Jeson Darby, has just completed their most successful year ever! The company had revenues of $$925,000$ and General and Admin expenses of $$610,000,$ Jason does all of their bookkeeping and wasn't sure about whether some of the following expenditures were deductible or not and a result, he has omitted them in his calculation of net income. He's asked you for help in preparing his $20$X$1$ T$5125$Business Income statement.The list of omitted expenditures include:$1.$ The Company was forced to pay damages of $$12,300$ after a client sued them for breach of contract$\mathrm{.}2.$ The Company paid property tax of $$3,200$ which includes an amount of $$1,100$ that was paid to a regional municipality in which the Company maintains a fishing lodge for Jason. He has never brought clients there but intends to in the future$\mathrm{.}3.$ New landscaping at their administration building in the amount of $$9,800$ all of which was paid in the year$\mathrm{.}4.$ The Company experienced a theft by one of its clerical employees totaling $$10,000\mathrm{.}5.$ As a result of increased business expansion, the Cainpany cancelled their lease on November $1$ and moved into a bigger location soon afterwards. The lease would have been effective until January $1,20$X$3.$ The cancellation fees were $$5,600\mathrm{.}6.$ To celebrate their successful year, Jason declared and paid a bonus of $$10,000$ to himself and $$4,000$ to his top employee. Both bonuses were paid on January $15,20$X$2.$Required: Calculate Jason's net business income. Remember to show all calculations.