Yowell Company began operations on January 1, Year 1. During Year 1, the company engaged in the following cash transactions 1) issued stock for $66,000 2) borrowed $51,000 from its bank 3) provided consulting services for $64.000 4) paid back $28.000 of the bank loan 5) paid rent expense for $15,500 6) purchased equipment costing $25,000 7) paid $4,300 dividends to stockholders 8) paid employees' salaries for work completed during the year. 534.000 What is Yowell's net income