Frankie Vantastico (TP) is the sole proprietor of Salon V! Beauty Salon. Salon V! revenue comes from two sources - beauty services \& styling products. Salon V! has two employees whose compensation consists of weekly base salary plus 40% of the services they provide to customers. Salon V! uses a hybrid method of accounting: cash method for beauty services and accrual method for the sale of styling products. Salon V! had the following revenue and expenses for the year: 141,65036,240 a. Calculate Salon V! Net Income