Related to Checkpoint 3.1) (Working with the income statement) At the end of its third year of operations, the Sandifer Manufacturing Co. had

$ 4 comma 532 comma 000$4,532,000

in revenues,

$ 3 comma 378 comma 000$3,378,000

in cost of goods sold,

$ 445 comma 000$445,000

in operating expenses which included depreciation expense of

$ 159 comma 000$159,000,

and a tax liability equal to

3434

percent of the firm's taxable income. What is the net income of the firm for the year?

Complete the income statement for Sandifer Manufacturing Co.:(Round to the nearest dollar.)