During 2010, Raines Umbrella Corp. had sales of $750,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $600,000, $120,000, and $60,000, respectively. In addition, the company had an interest expense of $70,000 and a tax rate of 31 percent. (Ignore any tax loss carryback or carryforward provisions.) (Do not include the dollar sign ($). Negative amount should be indicated by a minus sign.)