You are given the following information about Cullumber Plumbing Company. Revenues in 2020 totaled $960.00, depreciation expenses $92.00, costs of goods sold $397.00, and interest expenses $57.00. At the end of the year, current assets were $124.00 and current liabilities were $102.00. The company has an average tax rate of 29.00 percent. Calculate its net income by setting up an income statement. (Round answers to 2 decimal places, es. 15.25.)