Nettel Solutions posted the following revenue on their Income and Expense Statement for the period ended June 30,2018

Product A =$36,500.00 Product B =$45,500.00 Product C =$55,500.00

Nettel Solutions posted the following payroll expenses on their Income and Expense Statement for the period ended June 30,2018:

Employee 1 =$27,500.00 Employee 2 =$38,000.00 Employee 3 =$49,000.00.

Calculate the net income for June 30,2018.