Adventure Travel has an Adjusted Trial Balance for Year Ended December 31, 20XX with the following account balances:
DEBITS: Cash: 25,000; Accounts Receivable: 15,000; Office Supplies: 4,300; Office Equipment: 29,600
CREDITS: Accumulated depreciation - office equipment: 5,000; Salaries Payable: 2,800; Long-term notes payable: 22,200; Common Stock: 20,000; Retained Earnings: 10,260
DEBIT: Cash Dividends: 1,000
CREDITS: Fees Earned: 75,000
DEBITS: Salaries Expense: 32,800; Rent Expense: 16,800; Depreciation expense - office equipment: 3,960; Advertising expense: 4,000; Office supplies expense: 2,800.
Total Debits = 135,260; Total Credits = 135,260
Determine the amount of Net Income Adventure Travel will report for the year ending December 31, 20XX. Specify whole number.