Kingbird Carporation purchased a tract of unimproved land for $666,000. This land was improved and subdlylded into building lots at. an additional cost of $114,000. These building lots were all of the same size but owing to differences in location were affered for sale at different prices as follows: Operating expenses for the year allocated to this project total $67,400. Lots unsold at the year-end were as follows: At the end of the fiscal year ikingbird Corporation inkructs you to arrive at the net income realized on this operation to date (Do not. round intermedlate calculations. Round fnal answer to 0 decimal places, eg. 5.845. Net income \$ $