(Related to Checkpoint 3.1) (Working with the income statement) At the end of its third year of operations, the Sandifer Manufacturing Co. had $4,546,000 in revenues, $3,338,000 in cost of goods sold, $442,000 in operating expenses which included depreciation expense of $153,000, and a tax liability equal to 34 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.) Revenues = $ Less: Cost of Goods Sold = Equals: Gross Profit = $ Less: Operating Expenses Equals: Net Operating Income = $ Less: Interest Expense 0 Equals: Earnings before Taxes = $ Less: Income Taxes = $ Equals: Net Income = $