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 buildings 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 invoices 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 $723.

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 Jamines 2019 Net Income For Tax Purposes,