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Michael Diesel owns the Fredonia Barber Shop. He employs 5 barbers and pays each a base salary of $1,330 per month. One of the barbers

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Michael Diesel owns the Fredonia Barber Shop. He employs 5 barbers and pays each a base salary of $1,330 per month. One of the barbers serves as the manager and receives an extra $535 per month. In addition to the base salary, each barber also receives a commission of $5.90 per haircut. Other costs are as follows. Michael currently charges $13.00 per haircut. Determine net income, assuming 1,800 haircuts are given in a month. Net income

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