Elgin Battery Manufacturers had sales of $980,000 in 2015 and their cost of goods sold is 666,400. Selling and administrative expenses were 58,800. Depreciation expense was $9,000 and interest expense for the year was $8,000. The firm's tax rate is 27 percent. What is the dollar amount of taxes paid in 2015?

Multiple Choice

• $237,502

• $64,206

• $265,600

• $66,366