During the year, the Senbet Discount Tire Company had gross sales of $$895,000.$ The firm$$s cost of goods sold and selling expenses were $$461,000$ and $$215,000,$ respectively. The company also had notes payable of $$685,000.$ These notes carried an interest rate of $4$ percent. Depreciation was $$108,000.$ The tax rate was $21$ percent.