16. Net income Please refer to Table 5 in the datafile. What is the net income of Ganado Germany? a) 761 400 EUR b) 1 080 000 EUR c) 799 470 EUR d) 725 143 EUR Ganado Germany exportslightbulbs to the United States Based on a EUR/USD exchange rate of 1.0500, they expect the following results. Assumptions Price elasticity of demand Cost of capital -1,5 15% 2019 Sales volume (units) Sales price (USD) EUR/USD Sales price (EUR) Direct cost (EUR) Cash expenses (EUR) Depreciation (EUR) Tax rate 1000000 13,20 1,0500 12,57 10,00 -890000 -600000 29,5% SS8