Rami Corp. forecasts sales of US$650,000 for 2013. Assume the firm has fixed costs of US$250,000 and variable costs amounting to 35 percent of sales. Operating expenses are estimated to include fixed costs of US$28,000 and a variable portion equal to 7.5 percent of sales. Interest expenses for the coming year are estimated to be US$20,000. Estimate Rami's net profits before taxes for 2013.