$($Using common$-$size financial statements$)$ The S&H Construction Company expects to have total sales next year totaling $$15,500,000.$ In addition, the firm pays taxes at $35$ percent and will owe $$292,000$ in interest expense. Based on last year's operations the firm's management predicts that its cost of goods sold will be $64$ percent of sales and operating expenses will total $32$ percent. What is your estimate of the firm's net income $($after taxes$)$ for the coming year?

Complete the pro$-$forma income statement below: $($Round to the nearest dollar:$)$

Pro$-$Forma Income Statement

$\backslash$table$[[$Sales$,,],[$Cost of goods sold,,$],[$Gross profit,,$],[$Operating expenses,,$],[$Net operating income,$$,],[$Interest expense,,$],[$Earnings before taxes,$$,],[$Taxes$,,],[$Net income,$$,]]$