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The following data are taken from accounting records of Glee Mason Surgical Centre for the year completed: Utilities, Surgical Centre $38,500 Purchases of Implants $723,000

The following data are taken from accounting records of Glee Mason Surgical Centre for the year completed:

Utilities, Surgical Centre $38,500

Purchases of Implants $723,000

Amortization, Surgical equipment $155,000

Repairs for Surgical Centre $ 89,000

Property tax, Surgical Centre $130,000

Insurance, Surgical Centre $ 42,000

Rubbing alcohol $ 200

Rent, Surgical Centre $150,000

Surgical Supplies $ 14,000

Surgical Nurses $ 37,300

Oral Surgeon $ 80,000

Anesthesia Assistant $ 40,000

Receptionist at Surgical Centre $ 12,800

Cleaning lady for Office Building $ 25,800

Front desk for Office Building $10,000

Implants Inventory, Beginning $120,000

Implants Inventory, Ending $202,000

Please calculate the Net Income if the annual total revenue is $2,460,000

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