(Related to Checkpoint 3.1) (Working with the income statement) At the end of its third year of operations, the Sandifer Manufacturing Co. had $4,530,000 in revenues, $3,319,000 in cost of goods sold, $448,000 in operating expenses which included depreciation expense of $157,000, and a tax liability equal to 34 percent of the firm's taxable income. What is the net income of the firm for the year? Complete the income statement for Sandifer Manufacturing Co.: (Round to the nearest dollar.) Revenues = 2$ Less: Cost of Goods Sold = Equals: Gross Profit = Less: Operating Expenses = Equals: Net Operating Income = 2$ Less: Interest Expense = Equals: Earnings before Taxes = Less: Income Taxes = Equals: Net Income =