Following is a list of account balances of Tanner Lawn Services as of December31, after the first year of operations.

Accounts Receivable

$7,400

Accounts Payable

6,100

Salaries Expense

7,700

Repairs Expense

1,500

Truck

12,000

Equipment

13,000

Notes Payable

27,100

Cash

20,700

Supplies Expense

1,100

Service Revenue

36,000

Gasoline Expense

8,000

Salaries Payable

2,200

Calculate the net income.