On January 1, 2019. Jamine opened a management consulting business that assists people with making sales contacts. Information related to this business is as follows: Office Space Jamine rents space on the ground floor of the mixed use building in which she lives. The rental agreement with the building's management company has a term of 5 years and there are no options for renewal. The rent is $750 per month and, in order for the space to suit her needs, she makes improvements at a cost of $18,000. Revenues During 2019. Jamine issued inwoices for her services totalling $63,450. Capital Expenditures During 2019, Jamine acquired office furniture and fixtures at a cost of $16,300. In addition she purchased a computer for $1.230 and application software for 5723. Costs During 2019, the following costs were incurred in operating the management consulting business: Part Time Office Help $6,340 Office Supplies 623 Web Hosting Fee 240 Cell Phone Plan (For Business Use Only) 462 Meals With Clients And Client Entertainment 4,340 Required: Calculate Jamine's 2019 Net Income For Tax Purposes