jamal, kareem, rashid and associates are in the process of evaluating its new client services for the business consulting division. bullet estate planning, a new service, incurred $ 110 comma 000 in development costs and employee training. bullet the direct costs of providing this service, which is all labor, averages $ 32 per hour. bullet other costs for this service are estimated at $ 480 comma 000 per year. bullet the current program for estate planning is expected to last for two years. at that time, a new law will be in place that will require new operating guidelines for the tax consulting. bullet customer service expenses average $ 99 per client, with each job lasting an average of 400 hours. the current staff expects to bill 56 comma 000 hours for each of the two years the program is in effect. billing averages $ 52 per hour. what is estimated lifeminuscycle operating income for the first year