pLease, help with the following problem with as much detailed solution as possible:

ABC Company reported the following revenue and cost information for June: Sales revenue Variable costs Fixed costs $88,600 $42,528 $20,378 ABC Company re-negotiated it lease beginning in July. The old lease required fixed payments of $3,000 per month. The new lease eliminated these payments and instead required a monthly payment equal to 3% of sales for the month. ABC Company reported sales revenue of $91,700 for the month of July. Calculate the net income reported by ABC Company in July