Emery Mining Inc. recently reported $187,500 of sales, $71,500 of operating costs other than depreciation, and $9,300 of depreciation. The company had $16,500 of outstanding bonds that carry a 7.25% interest rate, and its federal-plus-state income tax rate was 25%. How much was the firm's net income? The firm uses the same depreciation expense for tax and stockholder reporting purposes. (Round your intermediate and final answers to two decimal places.) O a. $80,922.19 O b. $105,503.75 O c. $79,127.81 d. $88,427.81 e. $80,025.00