$($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 $$317,000$ in interest expense.

Based on last$$year$\text{'}$s operations the$$firm$\text{'}$s management

predicts that its cost of goods sold will be $59$ percent of sales

and operating expenses will total $33$ percent. What is your estimate

of the$$firm$\text{'}$s net income$($after taxes$)$ for the

coming$$year$?$ Complete the$$pro$-$forma income

statement$$below:$($Round to the nearest$$dollar$.)$