Jarvie loves to bike. In fact, he has always turned down better-paying jobs to work in bicycle shops where he gets an employee discount. At Jarvies current shop, Bad Dog Cycles, each employee is allowed to purchase four bicycles a year at a discount. Bad Dog has an average gross profit percentage on bicycles of 25 percent. During the current year, Jarvie bought the following bikes:

DescriptionRetail PriceCostEmployee PriceSpecialized road bike$3,600$2,950$2,520Rocky Mountain mountain bike 5,100 4,020 4,080Trek road bike 5,100 3,900 3,570Yeti mountain bike 5,100 3,810 4,080

. What amount is Jarvie required to include in taxable income from these purchases?