During the year ended December 31, 2018, Pistol Petes Pizza Parlor reported $10,000 sales, $6,000 operating costs other than depreciation, and $2,000 depreciation. The company had no amortization expense and no non-operating income. It had previously issued $6,000 of bonds that pay an 8.5% interest rate. Petes federal plus state income tax rate is 40%.

What was Pete's Net Income?