The Mosquito Abatement Commission is a newly organized federal agency with three primary programs: coordinating state government abatement functions, conducting research on mosquito abatement, and promoting abatement through public education. The following information is available at the end of the first quarter (December 31, 2020):

	Government Coordination					Research			Public Education			Total
Apportionments from OMB												$	8,027,000
Allotmentsfirst quarter		$	3,600,000			$	2,661,000		$	1,766,000			8,027,000
Salaries paid			2,200,000				1,064,000			1,272,000			4,536,000
Accrued salaries payable			43,000				53,000			30,000			126,000
Supplies ordered and received			265,000				631,000			226,000			1,122,000
Supplies used			189,000				627,000			200,000			1,016,000
Depreciation			63,000				136,000			14,000			213,000
Equipment purchases			1,530,000				883,000			65,000			2,478,000
Program revenue: Charges for service										211,000			211,000

Required: Prepare a Statement of Net Cost for the quarter ended December 31. (Deductions should be entered with a minus sign.)