(Raluted to Checkpoint 3.1) (Working with the income statement) At the end of its third year of operations, the Sandfer Manu/scturing Co had 54,518,000 in revenues, $3,398.000 in cest of goods sold, $442,000 in opecating expenses which included depreciation expense of $156,000, and s tax liability oqual to 34 percent of the firm's tarable income. What is the net income of the firm for the year? Complete the income statement for Sandifer Manulacturing Co: : (Round to the nearest dolar)