Based on the following information, what is the amount of McKee Company's income before income taxes, assuming the accrual method of accounting?

• Credit Sales totaled $320,000.
• Cash Sales totaled $414,000.
• Cash collected from customers for services not performed yet $93,000.
• Dividend Income $4,500.
• Cost of Goods Sold $336,000.
• Salaries Expense $50,000.
• Rent Expense $32,000.
• Other Operating Expenses $80,000.
• Interest Expense $21,000.
• Prepaid Rent $3,000.
• Gain on the sale of equipment $20,000.

Group of answer choices

$239,500

$236,000

$332,500

$232,000