Elgin Battery Manufacturers had sales of $810,000 in 2021 and their cost of goods sold is 558,900 . Selling and administrative expenses were 89,100 . Depreciation expense was $14,000 and interest expense for the year was $14,000. The firm's tax rate is 30 percent. What is the dollar amount of taxes paid in 2021 ? Multiple Choice $136,720 $40,200 $161,800 $136,720 $40,200 $161,800 $44,400