$($Using common$-$size financial statements$)$ The S&H Construction Company expects to have total sales next year totaling $$14,900,000.$ In addition, the firm pays taxes at $35$ percent and will owe $$302,000$ in interest expense. Based on last year's operations the firm's management predicts that its cost of goods sold will be $60$ percent of sales and operating expenses will total $34$ 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,$]]$