ABC expects sales of $20,863,000 this year. The cost of goods sold is expected to be $10,112,000 while selling, general and admin (SGA) expenses are forecast to be $5,184,000. The firm expects depreciation expenses to be $250,000 and expects to pay an average interest rate of 4.6% on its $4,227,000 of liabilities. Given its tax rate of 40%, what is the expected net income for ABC this year?(If it is a negative, be sure and enter a negative sign)