You know the interest expense is $30,000 last year. If the tax rate is 26.5% and the times-interest-earned ratio is based on the last two digits of your PSU ID number divided by 10.

For example, if your PSU ID number ends in 71, then the TIE (times-interest-earned) is 7.1 times. If your PSU ID number ends in 00, then you would use the last two digits of the non-zero number.

How much is the net income?

last 2 digits:72