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A manufacturer of ovens sells them for $2,050.00 each. The variable costs are $740.00 per unit. The manufacturer's factory has annual fixed costs of $1,935,000.00.

A manufacturer of ovens sells them for $2,050.00 each. The variable costs are $740.00 per unit. The manufacturer's factory has annual fixed costs of $1,935,000.00.

Given the expected sales volume of 2,500 units for this year, what will be this year's net income?

Round to two decimal places

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