Need help got it wrong on first try please show me how to do this. Thank you!

Ted likes to restore antique automobiles in his spare time. While he does not advertise or seek customers, he does occasionally sell some of his restored cars. During the year, he sold a 1963 Chevy Corvette for $65,000. The expenses related to the car were as follows: How much net income must Ted recognize? $36,000 $65,000 $0 $24,000