Smith Operates a Roof Repair Business The Education Expense Was for a Two-Week,night Time Course in Cash

Smith operates a roof repair business.This year Smith's business generated cash receipts of $32,000 and Smith made the following expenditures associated with his business:
$\begin{array}{l}\begin{array}{lll}\text { Advertising}\\\text { Car and truck expenses}\\\text { Depreciation}\\\text { Employee compensation}\\\text { Education}\\\end{array}\begin{array}{lll}\$500 \\1,360 \\3,200 \\5,000 \\1,000\end{array}\end{array}$
The education expense was for a two-week,night time course in business management.Smith believes the expenditure should qualify as an ordinary and necessary business expense.What net income should Smith report from his business? Smith is on the cash method and calendar year.