Gross Profit - $ 10,000
Expenses - $ 500
Compute the net income for the following data
The net income can be calculated by subtracting the expenses from the gross profit. Using the given information, the net income is:
Net Income = Gross Profit - Expenses
Net Income = $10,000 - $500
Net Income = $9,500.

So, the net income is $9,500.