A proposed new investment has projected sales of $$550,000.$ Variable costs are $40$ percent of sales, and fixed costs are $$130,500$; depreciation is $$50,750.$ Prepare a pro forma income statement assuming a tax rate of $23$ percent. What is the projected net income? $($Input all amounts as positive values. Do not round intermediate calculations.$)$

$\backslash$table$[[$Sales$,],[$Variable costs,$],[$Fixed costs,$],[$Depreciation$,],[$EBT$,],[$Taxes$,],[$Net income,$]]$