(Related to Checkpoint 3.1) (Working with the income statement) At the end of its third year of operations, the Sandifer Manufacturing Co. had $4,567,000 in revenues, $3,343,000 in cost of goods sold, $443,000 in operating expenses which included depreciation expense of $142,000, 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 = $