The president of Ravens, Inc., attended a seminar about the contribution margin model and returned to her company full of enthusiasm about it. She requested that last years traditional model income statement be revised, and she received the following report:

	Total company	Division A	Division B	Division C
Sales	100,000	40,000	25,000	35,000
Varable Expenese	60,000	26,000	15,000	19,000
Contribution Margin	40,000	14,000	10,000	16,000
Fixed Expenese	30,000	10,000	11,000	9,000
Net Income (loss)	10,000	4,000	(1,000)	7,000

The president was told that the fixed expenses of $30,000 included $21,000 that had been split evenly between divisions because they were general corporate expenses. After looking at the statement, the president exclaimed, I knew it! Division B is a drag on the whole company. Close it down!

Calculate what the company's net income would be if Division B were closed down.