Alpha Resources Inc. has sales revenue of $800,000, operating costs of $350,000. and depreciation expense of $20,000. The company has $475,000 of outstanding bonds that pay 596 interest and it faces an average state-plus-federal tax rate of 40%, what is its net income? A) $96,000 B) $214,500 C) $219.000 D) $243.750 E) $314.250