The table below is the data for an economy (3 Marks):

ITEM	Value ($ millions)
Wages & Salaries	2,000
Household Final Consumption	1,200
Consumption of Fixed Capital (Depreciation)	50
Gross Fixed Capital Formation	200
Exports	60
Rent	100
Government Final Consumption	250
Imports	50
Corporation Income	600
Interest & Dividends	10
Net Income from Farm Production	300

Show formula and all work. Calculate the Income-based GDP.