Illegal Business: 3. Albie operates an illegal drug-running business and has the following items of income and expenses. What is Albie's adjusted gross income (net income) from this operation? Income $800,000 Expenses: Rent Utilities Bribes to police Medical expense Legal fees Depreciation Illegal kickbacks Cost of goods sold 24,000 9,000 55,000 5,000 25,000 30,000 30,000 300,000