A proposed new investment has projected sales of $635,000. Variable costs are 44% of sales, and fixed costs are $193,000; depreciation is $54,000. Prepare a pro forma statement of comprehensive income assuming a tax rate of 35%. What is the projected net income?

(Input all amounts as positive values. Omit $ sign in your response.)

Sales $

Variable costs

Fixed costs

Depreciation

EBT $

Taxes@35%

Net income $