For its most recent fiscal year, Carmichael Hobby Shop recorded EBITDA of $513,438.50, EBIT of $362,450.20, zero interest expense, and cash flow to investors from operating activity of $348,924.60. Assuming there are no non-cash revenues recorded on the income statement, what is the firm's net income after taxes? (Round answer to 2 decimal places, e.g. 15.25.)
Net income $