Question 30 (7.5 points) Your firm recently reported $2,800,000 in sales. Operating costs are $1,800,000, and depreciation is $50,000. The firm has $200,000 in debt outstanding at a 5% rate. The firm is in the 24% tax bracket. What is the firm's net income? (Please submit your answer using correct labeling, punctuation, etc. For example, for dollar answers, you should enter $5,234,000.00 this way using two decimals.)