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The shows select data from Senbet Discount Tire Company's Income Statement for 2022. The company also had notes payable of $780,000, carrying an interest rate

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The shows select data from Senbet Discount Tire Company's Income Statement for 2022. The company also had notes payable of $780,000, carrying an interest rate of 6 percent. The tax rate was 21 percent. What was Senbet's Net Income in 2022? \begin{tabular}{lr} \multicolumn{2}{c}{ Income Statement } \\ Sales & $1,170,000 \\ Cost of goods sold & 586,000 \\ Selling Coctc & 239,000 \\ Depreciatlour Preview & 116,000 \end{tabular}

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