Jester Company manufactures and sells a single product. During 2022, the selling price was $52 per unit and the variable costs were $19 per unit. The fixed costs totaled $650,000 in 2022. Jester Company reported a net income of $208,000 in 2022. In an attempt to improve its profitability, the president of Jester Company made the following changes for 2023: 1. increase the selling price of the product by 25% 2. use higher quality materials in the manufacture of the product which increased the variable costs by $8 per unit 3. increase advertising by $34,000 As a result of these changes, the sales in units of this product in 2023 increased 15% from the sales in 2022. Calculate Jester Company's net income for 2023