The Wildhorse Company has disclosed the following financial information in its annual reports for the period ending March 31, 2017: sales of $1.63 million, cost of goods sold of $814,100, depreciation expenses of $175,000, and interest expenses of $89,575. Assume that the firm has an average tax rate of 35 percent. What is the company's net income? Set up an income statement to answer the question. (Round answers to 2 decimal places, e.g. 15.25) Wildhorse Company Income Statement Amount Revenues 1630000 Cost of Goods Sold 814100 Earnings Before Interest, Taxes, Depreciation, and Amortization 69. Depreciation Earnings Before Interest and Taxes Interest Earnings Before Taxes Taxes Net Income / (Loss)