Assignment:

Delta Ray Brands Corp. just completed their latest fiscal year. The firm had sales of $16,099,300. Depreciation and amortization was $850,200, interest expense for the year was $888,400, and selling general and administrative expenses totaled $1,455,900 for the year, and cost of goods sold was $10,831,700 for the year. Assuming a federal income tax rate of 34%,

Required:

Question: What was the Delta Ray Brands net income after-tax?

Note: Explain all steps comprehensively.