You are given the following projections for a project: Units sold per year: 58,404 Price per unit: $ 5.81 Variable cost per |$2 unit: Fixed costs per year: $ 13,104 Initial cost of manufacturing $ 99,083 equipment: Project life (years): 3 Initial net working $ 18,878 capital: Tax rate: 21% The cost of manufacturing equipment will be depreciated straight- line to zero over the project's life. Note: units sold per year, price per unit, variable cost per unit, fixed cost per year remain the same for each year of the project. What is the Net Income for year 2 of the project? Round your answer to 2 decimal places (e.g. 125.74632 = 125.75)