Bradds, Inc., has sales of $737,000, costs of $282,000, depreciation expense of $34,000, interest expense of $27,000, a tax rate of 35 percent, and paid out $62,000 in cash dividends. What is the net income for the firm?

Group of answer choices

$421,000

$394,000

$62,000

$62,000

$256,100