Tanner Auto Parts recently reported $25,000 of sales, $18,000 of operating costs other than depreciation, and $3,200 of depreciation. The company had no amortization charges. It had $10,000 of bonds that carry a 5.5% interest rate, and its federal-plus-state income tax rate was 40%. What was the firm's net income after taxes? The company uses the same depreciation for tax and stockholder reporting.