Dr. Diana Brentwood, an optometrist, received revenue (professional fees) totaling $238,000 for the year ending December 31, 20- -. Her operating expenses were as follows: $74,800 for salaries; $1,230 for payroll taxes; $21,000 for office rent; $3,500 for depreciation of equipment; $15,000 for supplies; $4,840 for utilities; $1,750 for miscellaneous expenses; $2,100 for automobile expense; and $1,200 for equipment repair expense. Compute the total operating expenses and net profit before taxes for Dr. Brentwood's office for the year.
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