Rimier Corp. forecasts sales of S655,000 for next year. Assume the firm has fixed costs of $250,000 and variable costs amounting to 35% of sales. Operating expenses include fixed costs of $29,000 and a variable portion equal to 9.7% of sales. Interest expenses for the coming year are $21,000. Estimate next year's net profits before taxes. Compute the estimated net profits before taxes below: (Round to the nearest dollar.) Rimier Corp Pro Forma Income Statement next year Sales revenue S Less: Cost of goods sold Fixed cost S S S Variable cost Gross profils Less: Operating expenses Fixed Expense Variable expenses Operating profits Less: Interest expense (all fixed) Net profits before taxes $ $ Time Remaining: 01:56:12 Next