On June 12, Carpenter Printing printed $19,080in magazines for the Pierre Company.The magazines were delivered on June 15, along with an invoice for $6,209due July 15.Per the contract negotiated by the Pierre Company with Carpenter Printing, $5,441will be invoiced in July and will be due August 15; the remainder will be invoiced in August and will be due September 15.On June 18, Cecil Advertising Agency signed a contract with Carpenter Printing to print advertisements, paying $22,003in advance.$10,365in advertisements are contracted to be printed in June and $31,784in advertisements are contracted to be printed in July.On June 30,$11,448of advertisements were printed and delivered to Cecil Advertising.On June 30,$3,261of the$15,768in supplies remaining on May 31 have not been used.

Based on these transactions alone,what is the effect on theNet Income on the Income Statementon June 30?