Arctic Cat Dog Sleds is expecting sales of $2,001,313 next year. Last year, net property, plant, and equipment was $222,336 and debt was $18,000. Assume a depreciation rate of 11.41%, CAPEX of $45,291.8, and a cost of debt of 8%. Use the table below and the information provided to forecast Arctic Cat's net income for next year. Arctic Cat Dog Sleds Inc. Selected Financial Information Last Year Next Year Revenues 1,906,012 2,001,313 Cost of Goods Sold 1,451,927 SG&A 213,114 Depreciation 28,632 EBIT 212,339 Interest Expense 4,713 Pre-Tax Income 207,626 Income Taxes 64,348 Net Income 143,278 Next year's net income = $