Based on the below information use the excel template given to you to answer the following questions. Excel Template Embry-Riddle Corporation Net Sales: $1,000,000 COGS: $500,000 Sales and Admin Expenses: $20,000 Depreciation Expense: $30,000 Interest Expense: $20,000 Taxes are 35% of Taxable income What is the Net Income of Embry-Riddle Corporation? Please express your answer without the dollar sign or commas. For example 1000000 instead of $1,000,000