The following table provides Acme Corp's transaction for the month. Using the ACCRUALCASH BASIS method and only the transactions listed, calculated the firm's NET INCOME for the month. Enter negative values using the minus sign (e.g. -122)

Transaction Value

Issued shares of capital stock for cash 19,100

Rented space at a self-storage for 2 weeks paid cash -400

Purchased supplies to be used on a job

during this month payment due next month -800

Received a loan from a bank to be paid back in 1 year 18,479

Received payment from customer f/ work

completed & billed in previous month 2,235

Paid miscellaneous expenses -800

Received payment for customer for work

completed and billed during this month 7,267

Billed a customer for work completed to be paid in the next month 8,968

Paid hourly employees for work completed during the month -1,200

Recorded depreciation of office building -1,000