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Awit Company provided the following information for the year ended December 31, 2022: Doubtful accounts 100,000 Factory maintenance 150,000 Factory heat, light and power 220,000 Income tax expense 170,000 Sales 8,000,000 Sales salaries 520,000 Advertising 120,000 Indirect labor 600,000 Delivery expense 160,000 Freight in 80,000 Depreciation - machinery 50,000 Factory taxes 130,000 Purchases 1,600,000 Direct labor 1,480,000 Factory supplies expense 120,000 Office supplies expense 30,000 Office salaries 800,000 Factory superintendence 480,000 Inventory balances at the end of the fiscal period as compared with balances at the beginning of the fiscal period were as follows: Finished goods 200,000 decrease Goods in process 90,000 decrease Raw materials 100,000 increase What is the amount of net profit for the current period