Sugarland Industries reported a net income of $$830,750$ on December $31,2024.$ At the beginning of the year, the company had

$580,000$ common shares outstanding. On April $1,$ the company sold $31,800$ shares for cash. On August $31,$ the company issued

$57,600$ additional shares as part of a merger.

Required:

Compute Sugarland's net income that would produce a basic EPS of $$2\mathrm{.}40$ per share for $2024.$