Rimier Corp. forecasts sales of $651,000 for 2020. Assume the firm has fixed costs of $253,000 and variable costs amounting to 36% of sales. Operating expenses are estimated to include fixed costs of $32,000 and a variable portion equal to 5.9% of sales. Interest expenses for the coming year are estimated to be $20,000. Estimate Rimier's net profits before taxes for 2020. Compute the estimated net profits before taxes below: (Round to the nearest dollar.) Rimier Corp Pro Forma Income Statement 2020 Sales revenue Less: Cost of goods sold Fixed cost $ Variable cost Gross profits Less: Operating expenses Fixed Expense TI Variable expenses Operating profits Less: Interest expense (all fixed) Net profits before taxes