Sunland Corporation began operations on January 1, 2025. The following information is available for Sunland on December 31, 2025. Accounts receivable $1,020 Retained earnings $0 Supplies expense 2,660 Accounts payable 1,300 Equipment 12,740 Cash 2.600 Rent expense 7.100 Insurance expense 780 Dividends 2,180 Notes payable 5.900 Service revenue 23,040 Common stock 8,000 Supplies 1,940 Salaries expense 7,220 Determine net income for 2025.