Total operating expenses$$$$(118,650,000)$$$49,760,000$$$(68,890,000)$INCOME FROM OPERATIONS:$$$$19,350,000$$$6,990,000$$$26,340,000$ Interest income$$$$1,000,000$$$1,000,000$ Gain $($loss$)$ on investments$$$$500,000$$$500,000$ Interest expense$$$$(3,000,000)$$$(3,000,000)$Income tax expenses$$$$(5,000,000)$$$(5,000,000)$Total other income $($expense$)$$$(6,500,000)$$$-$$$(6,500,000)$NET INCOME $($LOSS$)$$$12,850,000$$$6,990,000$$$19,840,000$