= Homework: Assignment 2 Question 8, P3-1 (similar to) HW Score: 11%, 11 of 100 points Points: 0 of 10 Save (Related to Checkpoint 3.1) (Working with the income statement) At the end of its third year of operations, the Sandifer Manufacturing Co. had $4,590,000 in revenues, $3,351,000 in cost of goods sold, $449,000 in operating expenses which included depreciation expense of $143,000, and a tax liability equal to 34 percent of the firm's taxable income. What is the net income of the firm for the year? Complete the income statement for Sandifer Manufacturing Co.: (Round to the nearest dollar.) Revenues= $ Less: Cost of Goods Sold = $ Equals: Gross Profit = Less: Operating Expenses = $ Equals: Net Operating Income = Less: Interest Expense = $ 0 Equals: Earnings before Taxes = $ Less: Income Taxes = $ Equals: Net Income = $