The Gasson Company sells three products, Product A, Product B, and Product C.

The total sales for the overall company were $1,000,000 during the month of June.

During June, the company reported an overall contribution margin ratio of 37% and the total fixed costs for the entire company were $350,000.

During June, Product A had sales of $500,000;

Product B had sales of $300,000;

and sales of Product C totaled $200,000.

The traceable fixed costs for each product were:

Product A, $120,000;

Product B, $100,000; and Product C, $60,000.

The variable costs of Product A were $300,000 and the variable costs of Product B were $180,000. Calculate the net income for the overall company for June.