Data Co. reported the following account balances (in thousands):

Administrative expenses	$53,000
Accounts receivable	70,000
Sales revenue	545,000
Selling expenses	22,000
Cost of goods sold	212,500
Cash dividends paid	40,000

How much is net income for Data Co.?

Select one:

a. $257,500

b. $132,500

c. $22,500

d. $77,500