The Southern Cross Corp., a new business, experienced the following events in 2001.

-Purchased an inventory of 9 cell phones for 720 dollars cash.

- sold 5 of the cell phones for 700 dollars cash.

- paid 37 dollars for advertising expenses.

- declared and paid 25 dollars of the dividends.

If these are the only events for 2001, what is the Southern cross' net income?