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In 2019, total revenue for X Company was $1,672,000. Total costs were as follows: direct materials 319000 direct labor (all variable) 231000 variable overhead 231000

In 2019, total revenue for X Company was $1,672,000. Total costs were as follows:

direct materials 319000
direct labor (all variable) 231000
variable overhead 231000
fixed overhead 176000
variable selling and adminstration 302500
fixed selling and administration 170000

If total revenue in 2020 is expected to be $1,794,816, what are expected profits in 2020 [round the CM or CM rate to two decimal places]?

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