It would be super helpful to see all the work and calculations, thanks!

28. Austin Miller is the sole shareholder Miller of Enterprises Ltd., a small retail shop selling locally made arts and crafts. The shop has been in operation for several years and has a calendar fiscal year. Miller provides you with the Income Statement for the corporation for December 31, 2020. Miller Enterprises Ltd. Income Statement For the year ended December 31, 2020 Income 620.000 Sales Cost of sales 53,000 252,000 Opening inventory Purchases 305.000 64.000 241.000 Closing inventory Gross profit 379.000 1. Miller Enterprises Ltd. is a small business corporation operated by the sole shareholder, Austin Miller. 2. Accounting and legal includes legal fees related to Austin's dispute in regards to a personal car accident in the amount of $1,940. 3. Advertising and promotion includes 'Meals and Entertainment costs in the amount of SA 220. 4. Information for Capital Cost Allowance (CCA) purposesthe Undepreciated Capital Cost (UCC) at December 31 of the prior year was as follows. Class 8 (Office & General Equipment): $45,200 Class 10 Automotive Equipment): $25,000. 5. The company has set up an allowance for doubtful accounts based on a review of the Accounts Receivable at December 31 of the current year. This is a procedure that the proprietorship follows every year. 6. Insurance indudes life insurance premiums for Austin Miller in the amount of $3,400. This life insurance policy is required as collateral for the business bank loan. 7. Office expenses include the $5,200 purchase of laptop computers on January 15, 2020. 8. Wages and benefits includes the dub dues/membership fees paid to the Royal Oak Club in the amount of $5,840. The club dues are paid for the five managers who take dients to the Royal Oak Club on a regular basis for business purposes. 2.800 5.800 Expenses Accounting and legal (Note 2) Advertising and promotion (Note 3) Depreciation (Note 4) Automobile expenses Bad debts (Note 5) Insurance (Note 6) Interest Office expenses (Note 7) Rent 25,400 6.200 3.000 8.400 19.400 12,500 37,500 108,000 Wages and benefits (Note 8) 229.000 Net income $ 150.000 Calculate the net business income for Miller Enterprises Ltd. for the year 2020. Calculate the net business income for Miller Enterprises Ltd. For 2020. (Round to the nearest dollar.)