Colifornia Retalling 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 eamed (TIE) ratio ls 3.6, and the corporate tax rate is 40% What is California Retailing niet income? (Hint: Start at the top of the Income Statement and work your way down $350.000 5390.000 $285.000 5377.000