On October 22, Buyer Company placed an order to purchase merchandise with payment terms of 2/10, n/30. The goods were listed by the Seller (the seller) in the companys catalog at a selling price of $15,500. The goods were carried on the Sellers balance sheet at a historical cost of $4,800. The buyer obtained a 6% trade discount. Seller shipped the goods to Buyer on November 2 with shipping terms of FOB Destination and $900 of prepaid freight. The goods arrived at Buyers facility on November 5. The buyer returned $5,270* of goods and paid the balance due to the Seller on November 9.

*returned units had an original cost to Seller of $1,920.

How much Net Income will Seller report on the company's income statement as a result of this transaction? (Round your final answers to the nearest $1).