Recreational Supplies Co. has net sales of $11,655,000, an ROE of 17.64 percent, and a total asset turnover of 2.89 times. If the firm has a debt-to- ratio of 1.43, what is the company's net income? (Round intermediate calculations to 2 decimal, e.g. 12.25 and final answer to 2 decimal places, e.g. 12.25.) The company's net income $