The following table contains financial information for Dillon Incorporated before closing entries:

Cash $ $12,700$

Supplies $5,500$

Prepaid Rent $2,500$

Salaries Expense $5,200$

Equipment $65,500$

Service Revenue $29,600$

Miscellaneous Expense $20,900$

Dividends $4,500$

Accounts Payable $3,900$

Common Stock $67,400$

Retained Earnings $15,900$

What is Dillon's net income?