At the end of its third year of operations, the Sandifer Manufacturing Co. had $ 4 comma 589 comma 000$4,589,000 in revenues, $ 3 comma 329 comma 000$3,329,000 in cost of goods sold, $ 450 comma 000$450,000 in operating expenses which included depreciation expense of $ 146 comma 000$146,000, and a tax liability equal to 3434 percent of the firm's taxable income. What is the net income of the firm for the year?

(Related to Checkpoint 3.1) (Working with the income statement) At the end of its third year of operations, the Sandifer Manufacturing Co. had $4,589,000 in revenues, $3,329,000 in cost of goods sold, $450,000 in operating expenses which included depreciation expense of $146,000, and a tax liability equal to 34 percent of the firm's taxable income. What is the net income of the firm for the year? Complete the income statement for Sandifer Manufacturing Co.: (Round to the nearest dollar.) Revenues = $ Less: Cost of Goods Sold = $ Equals: Gross Profit = $ Less: Operating Expenses = $ Equals: Net Operating Income = $ Less: Interest Expense = $ 0 Equals: Earnings before Taxes = $ Less: Income Taxes = $ Equals: Net Income = $