Elgin Battery Manufacturers had sales of $930,000 in 2015 and their cost of goods sold is 604,500. Selling and administrative expenses were 102,300. Depreciation expense was $18,000 and interest expense for the year was $7,000. The firm's tax rate is 29 percent. What is the dollar amount of taxes paid in 2015? Multiple Choice $198,178 $57,478 $226,000 $59,508