California Retailing inc. has sales of $4,000,000; the firm's cost of goods sold is $2.500,000; and its total operating expenses including depreciation) are $600,000. The firm's times interest earned (TIE) ratio is 3.6, and the corporate tax rate is 40% What is California Retailing's net income? (Hint: Start at the top of the income Statement and work your way down) O $288,000 O $390,000 O $377,000 O $350,000