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(Using common-size financial statements) The S8.t Construction Company expects to have lotal soles noxt year totaing $15.500,000. In addition, the firm piys taxes at 35 percent and wil awe $292,000 in interest expenso. Based on last year's operations the firmis management prediets tat its cost of goods sold wil be 63 percent of sales and cperating expenses will total 26 percent. What is your estimate of the firm's net income (afier taxes) for the coming year? Corpplese the prosorma income statement below. (Round to the nearest dollar)