Answer:
NET INCOME $392,681.25
Step-by-step explanation:
To find net income we need to first calculate the pre-tax income and then calculate the tax and subtract

sales 1,681,000
(COGS) (812,300)
GROSS PROFIT 868,700
(Depreciation expense) (175,000)
(Interest expense) (89,575)
pre-tax income 604,125

tax income
604,125* 0.35= (211,443.75)
net income = 392,681.25